by Brian Douglas | Jul 22, 2021 | Estate Planning
In addition to protecting your life’s work and providing for your loved ones, an estate plan gives you the opportunity to support the organizations and causes close to your heart. It’s a chance to create a legacy and teach future generations about the importance of...
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 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 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...
by Brian Douglas | Apr 13, 2021 | Estate Planning
The Benefits of a Trust in General One of the more appealing aspects of trusts, in general, is their privacy. Unlike other estate documents, trusts do not have to be filed with the local court. Someone cannot look up the details of a trust online or in court...
