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Important Corporate Transparency Act (CTA) Update
Federal District Court Rules CTA Unconstitutional National Small Bus. United v. Yellen, No. 5:22-cv-1448-LCB (N.D. Ala. Mar. 1, 2024) On Friday, March 1, 2024, in National Small Bus. United v. Yellen, Judge Liles C. Burke of the United States District Court for the...
How the Corporate Transparency Act May Impact Your Estate Plan or Small Business
Starting on January 1, 2024, under a new law called the Corporate Transparency Act (CTA), owners of certain business entities must file a report with the federal government including details regarding the ownership of their entity.
Honesty
An estate plan can bring a family together. News stories are rife with examples of beneficiaries
arguing over a deceased loved one’s money and property or instances of a person’s care and
end-of-life wishes being ignored.
Important Probate Rules You Should Know (before you die)
If you have a Will, it should be deposited for safekeeping with the Register of Wills. Otherwise, someone who finds your Will and among your papers and doesn’t like your Will’s provisions could take advantage of the situation by destroying the Will.
What if I Die Without a Will?
One of the questions that we commonly receive from individuals who are still on the fence about estate planning revolves around whether or not they actually need a will. For example, a person who has a smaller estate may mistakenly think that they do not need a will...
What is the Difference Between a Last Will & Testament and a Trust?
Would your estate plan benefit from both a will and a trust? This is a question that we receive quite often from clients. The reality is that the answer to this question is something that will depend on several different circumstances. In order for you to make the...
3 Reasons Why Your Estate Planning Attorney and Financial Advisor Should Always Work Together
For the majority of people, their estate will consist of a mix of assets. There are many people who simply have bank accounts while there are countless others who have not only the standard bank account but also have retirement accounts or real estate investments. If...
Considering Life Insurance in Your Estate Planning
Considering life insurance in estate planning is an important aspect that can provide valuable financial protection and benefits to your loved ones after you pass away. Life insurance can complement your estate plan in several ways: Financial Security for...
The Role of an Attorney in Reaching Your Estate Planning Goals
An attorney can play a crucial role in helping you reach your estate planning goals by providing expertise, guidance, and personalized solutions tailored to your unique circumstances. Here are some ways in which an attorney can be invaluable in the estate planning...
Strategies for Avoiding Will Conflicts and Maintaining Family Harmony
Strategies for avoiding will conflicts and maintaining family harmony involve proactive measures aimed at fostering open communication, addressing concerns, and ensuring everyone's understanding and acceptance of the decisions made in the will. Here are some key...