In one of the most talked-about estate planning cases in decades, Britney Spears’s estate plans have been the subject of tremendous debate and controversy. February of 2021 has proven to be a big step forward in this estate situation, as a judge has upheld a...
If you own rental property, 2020 may be a confusing tax year for you come April. You may want to consider changing your approach to your deductions. As you most likely already know, you are able to deduct real estate taxes and mortgage interest as...
The close quarters and stressful conditions of a pandemic quarantine has apparently been taking its toll on marriage, according to data. A site which sells online divorce agreements says their July 2020 sales are up by 34% over the sales in July 2019 – not...
As with any services supplied by a law office, estate planning costs money. Some attorneys charge an hourly rate, while some charge a flat fee. When you enter into the process of creating your estate plans, how much might it cost? The main caveat to...
Divorce is never easy. Relationship experts debate the steps people take before separating. These experts do not always agree, but there are a few classic queries that most will acknowledge. Here are some of the questions that marriage therapists and couples’ counselors most commonly agree...
Many older people in the United States are revisiting their estate plans. Given the quarantine and the potential for illness, it is a smart time to look at these plans, and to make sure these documents cover everything necessary. As Paul Sullivan wrote in a...
Ah, the Adjusted Gross Income. The AGI. It is the magic number on your tax forms, which determines your tax bracket and the amount you owe in federal and state taxes. We all want to reduce our tax liability, of course. Creative CPAs and tax...
Second marriages are different in a multitude of ways. Goals have changed. Parenting conditions have often switched. The needs covered in estate documents have shifted. With a first marriage, usually the estate planning documents were simple in their directives. Take care of whichever spouse survives,...
During the resolution of an estate, there can be concerns about how long the process will take. In extreme cases, probate can take longer than a year to settle. In contrast, many others take a few weeks or months to close. How long it takes...
For a variety of reasons, our shelter in place may cause a spike in contested estates. Here are five reasons for this potential rise. Signing Becomes a Challenge People may not be able to sign in person, so they could “e-sign” on their Wills and...
