by Brian Douglas | Jun 14, 2021 | Estate Planning
President Joe Biden recently proposed a plan for higher taxes to help fund his $1.8 trillion American Families Plan. The President is asking Congress for higher taxes on inherited property and to eliminate certain tax loopholes. If approved, these new federal tax...
by Brian Douglas | Jun 7, 2021 | Estate Planning
When you’re drafting or updating important estate paperwork, you want to make sure that your documents will be upheld in court. One way to accomplish this is to have them notarized. Some estate documents require notarization at the time of signing, while others do...
by Brian Douglas | May 28, 2021 | Uncategorized
Cryptocurrency has become a hot topic of conversation, with news stories flooding the airwaves and filling up our social media feeds. You may have seen Elon Musk joking about cryptocurrency on SNL, caught a cryptocurrency segment on the late-night talk shows, or maybe...
by Brian Douglas | May 21, 2021 | Medicaid
Fred and his wife, Wilma, retired after years of working hard both in the rock quarry and at home, raising a family and being actively involved in their Church and community. Fred and Wilma had their retirement funds, their home and their savings. Fred and Wilma were...
by Brian Douglas | May 10, 2021 | Uncategorized
With the weather warming up and the school year winding down, parents are starting to scope out some fun activities for their kids this summer. Camp season might look a little different this year because of the extra health precautions in place, but everyone is still...
by Brian Douglas | May 4, 2021 | Estate Planning
With tax season upon us, you may be wondering about trusts and taxes. Who is accountable for the funds in a trust, and does a trust beneficiary have to pay taxes on what they inherit? Do Trusts Have to Pay Taxes? As a general rule, most trusts will have to pay taxes...
by Brian Douglas | Apr 27, 2021 | Probate
Of all the responsibilities an estate executor or administrator has, filing taxes on behalf of the deceased can be one of the most important – and also, one of the most confusing. We’re looking at whether a personal representative must file income taxes for an...
by Brian Douglas | Apr 20, 2021 | Estate Planning
As much as we try to keep our important papers protected and organized – accidents happen. You may lose your Last Will and Testament in a fire or a flood. The paperwork might fly out of an open car window or unlocked trunk. Someone may accidentally shred your...
