If the unthinkable happens, you want to ensure you protect your children's future. Estate planning decisions you make today could impact them forever. One of those important decisions is who you name as the guardian of their estate. The guardian will become the...
Month: March 2020
Can company stock fund a trust?
Much of your assets are tied up in your privately held company, and so your overall wealth is largely connected to the value of that company. You want to fund a trust, but rather than doing it with cash assets, you want to do it with stock. Is this possible? It...
A special needs trust can protect your heir’s benefits
Those with special needs often qualify for government benefits. These benefits can be used to help cover the costs of housing, medical care and other baseline needs, something that is especially important after the death of their parents. Examples of some of the...
Important COVID-19 Updates
Last Updated: April 13, 2020 This posting is made to update the payment due date for the 2nd Quarter 2020 estimated federal tax payment due to the IRS. This payment was originally due on June 15, 2020, but the IRS announced on April 9, 2020 that the due date for this...
Who will make health care decisions for you?
Many people think about their estate plan as only having to do with the assets they are leaving behind when they pass away. There is another facet to this plan that you need to think carefully about – your health care power of attorney. The health care power of...