“Won’t these heavy taxes quite ruin the country?” Benjamin Franklin, The Way to Wealth (1758) What is the Point of a Charitable Remainder Annuity Trust (CRAT)? Let’s break it down. Assume you are contemplating giving […]
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Is it a good idea for income and estate tax purposes to deed property to a child while I am alive? Consider the following as a test case: I have one child to whom I […]
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Beginning for deaths after December 31, 2019, the stretch IRA for inherited IRAs will be replaced with a ten-year rule for most beneficiaries (exceptions below). How Long Do I Have to Withdraw Funds From […]
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Here’s an example of attempted real estate wire fraud from a Forbes, May 2019 article, Real Estate Wire Fraud is Real – And it Almost Happened to Me It all started with an email. I […]
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If you have an ownership interest in a business, life insurance can be an important tool to help ensure: There is money to pay estate taxes There is money to fund a buy-sell agreement #1 […]
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In September 2017, credit bureau Equifax had a security breach that exposed the identifying information of 143 million Americans. Exposed information included Social Security numbers, birthdays, addresses – all information that could be used to […]
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WHO GETS MY PROPERTY IF I DIE WITHOUT A WILL? Texas Estates Code Chapter 201 determines who is to receive your property in the event you die without a will. Fortunately, the State of Texas […]
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What is a S-Corporation? An S-Corporation is the little brother of the regular C-Corporation. C-Corporations usually: Preferred business entity for large, publicly traded entities Has TWO (2) layers of taxation, (a) the corporation pays taxes […]
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