When you hear the term millionaire, chances are good that your thoughts immediately go to business tycoons, famous actors, professional athletes and even so-called reality TV celebrities living in large houses, driving luxury cars and making extravagant purchases. In...
Month: July 2015
Is a qualified personal residence trust a smart tax strategy?
Given the uncertain real estate market, individuals may wish to include their homes in their estate planning. Yet is there a way to transfer a home while minimizing the tax implications?A qualified personal residence trust might be the option for such individuals. For...
What are the responsibilities of a guardian?
In several past blog posts we have discussed the reasons a family may want seek guardianship for a loved one. When a person becomes incapacitated or lives with a disability that makes them unable to make decisions on their own, guardianship can help ensure they are...
Have you taken steps to account for your digital assets?
While people previously went to the bank to complete financial transactions or walked into a brick-and-mortar store to purchase goods, today many of these types of transactions are completed via the Internet. From banking and investment accounts to frequent flyer and...
