by Trust Counsel | Oct 22, 2020 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Financial, Income Tax, Inheritance, Liens/Debt, Probate, Real Property / Real Estate
Mary Trump, President Donald Trump’s niece, is suing the president over claims that he cheated her out of tens of millions of dollars of inheritance decades ago by manipulating the value of properties and lying to her about the worth of her inheritance. The...
by Trust Counsel | Sep 28, 2020 | Asset Protection, Business/ Corporate Law, Estate Planning, Family, Financial, Income Tax, Liens/Debt, Probate, Uncategorized
Although you may have just filed your 2019 income taxes in July, now is the time to start thinking about your 2020 return due next April. While it’s always a good idea to be proactive when it comes to tax planning, it’s particularly important this year. In addition to...
by Trust Counsel | Nov 1, 2019 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Estate Planning, Estate Tax, Family, Income Tax, Trusts
As we head towards the end of the year, we’re fast approaching the deadline to implement your family’s tax strategies for 2019. The Tax Cut and Jobs Act (TCJA) completely overhauled the tax code, and if you’ve yet to take full advantage of the benefits offered by the...
by Leslie Marenco | Dec 15, 2017 | Articles, Estate Planning, Estate Tax, Income Tax, IRS
If you follow the mainstream or social media news, you likely know the new Republican tax bill, which recently passed both the House and Senate, is a potential game changer for tax planning. Known as the “Tax Cuts and Jobs Act,” both houses of Congress passed...
by Leslie Marenco | May 12, 2017 | Articles, Income Tax
Divorce can wreak havoc on your finances. But what many divorced couples don’t realize is that they can expect to face recurring financial challenges during tax season for years after the divorce is finalized. While divorce is often adversarial, leaving both...
by Leslie Marenco | Mar 25, 2016 | Articles, Income Tax, IRAs / 401(k), IRS
Did you know there are many steps that you can take to save money via your employment? Some of these strategies work by allowing you to pay for things with pre-tax money, which could up to 40% (depending on your tax bracket) right back into your pocket. Others...
