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A Surviving Spouse's Right to a Portion of an Estate July 30, 2020

A will is a written document detailing how you want your assets distributed after death. It serves as a blueprint for distributing your assets the way you want. However, there are some things that cannot legally be done in a will. In general, one spouse cannot disinherit ...

A Surviving Spouse's Right to a Portion of an Estate July 30, 2020
A will is a written document detailing how you want your assets distributed after death. It serves as a blueprint for distributing your assets the way you want. However, there are some things that ...
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Three Ways to Get Tax Breaks for Home Improvements July 23, 2020
Are you planning to make substantial renovations to your home? You may be adding a deck or patio, finishing a basement or attic or installing a pool. Despite some changes in the Tax Cuts and Jobs Act ...
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Leaving a Legacy for Your Heirs July 20, 2020
Despite its name, the term "dynasty trust" has nothing to do with aristocracy or the TV show that used to be popular. It involves preserving wealth for your heirs. Basic premise: With a dynasty trust, ...
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Hobby or Business? How to Treat COVID-19 Sideline Activities for Taxes July 16, 2020
Today, many people sell homemade products online or work on some unincorporated sideline venture outside of their regular day jobs. Such activities can generate extra spending money. This can be ...
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Who Will Run Your Business After You? July 14, 2020
If you're a business owner, do you have a plan in place that names who'll follow you as head of your company? You may feel you're too busy running the business today to waste time on long-term plans ...
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Red Flags for IRS Tax Auditors June 30, 2020
No one wants to see an Internal Revenue Service (IRS) audit letter in the mail — or in the worst case, an auditor show up at his or her door. The IRS can't audit every American's tax return, so it ...
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