The Most Common Family Tax Mistakes

While giving a gift to your family member might seem like a nice thing to do, it can come with surprising tax implications. What tax mistakes are often committed by well-meaning family members? Renting a Home to a Family Member Whenever a taxpaying adult rents a home to a relative for a principal residence, the [...]

December 6th, 2018|Newsletter|

Do You Have a Pet Trust?

Wills are administered by the courts and do not take effect until validated by the court. If contested, wills do not take effect until the disputes are resolved. If your will contains a testamentary pet trust, the care of your pets could be postponed until the will is validated and the disputes are resolved by [...]

April 24th, 2018|Uncategorized|

What Should You Do When Debts Survive Death?

Dealing with a death in the family is already tragic and stressful. Adding debt into the equation can make things even more stressful. If the debt in question was a credit card debt, the debt is expected to be repaid by the debt owner whether they are alive or dead. Who owes that obligation after [...]

March 20th, 2018|Newsletter|