Both capital gains and other investment income, such as dividend income, are a source of profit and have potential tax consequences.
Is there a Certificate of Deposit for a husband and wife where if one passes away, the CD is not subject to probate for the surviving spouse?
A trust can be a vital component in an estate plan.
Small-business owners pour their blood, sweat and tears into their enterprises, so it’s no wonder that such dedication can cause a little tunnel vision. In being so focused on day-to-day operations, owners often fail to spend the appropriate time on personal planning.
Summer has officially arrived. After enduring the cold and recent rains, it’s nice to see the sun and feel the heat. Warm weather also brings
However, some want you to believe that you need only purchase a form to have an effective estate plan. Using this form, you are told, can save money and — best of all — the form is valid in all 50 states.
Smart estate planning, therefore, includes addressing how to handle digital assets.
There is nothing wrong with letting your inheritance sit, until you have explored all of your options and have a full understanding of how a windfall can affect your personal taxes.
Another reason having their houses wiped out by storms or flooding hits older adults harder, is they are more likely than younger people not to have flood insurance.
News that Detroit real estate billionaire and Cleveland Cavaliers owner Dan Gilbert suffered a stroke over the weekend, has raised interest in his succession plans for his many business interests.
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