Our firm, and many estate planning professionals are big advocates of creating lifetime trusts for spouses and descendants. Leaving an inheritance in a trust for beneficiaries is a gift of tremendous asset protection, since the […]
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Part 2: When To Update Your Incapacity Planning Documents In the article posted last week, Incapacity Planning Part 1: An Essential Component to a Comprehensive Estate Plan, we covered why incapacity planning is so important […]
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Part 1: An Essential Component to a Comprehensive Estate Plan Many people believe estate planning is only about distributing assets after they die. But comprehensive estate planning also includes preparing for the unthinkable scenario that […]
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I’m the executor of an estate. How do I locate what assets the deceased might own? By: Michael G. Carroll You’ve been named by someone as the independent Executor or appointed as Administrator of their […]
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What Is Reverse Veil Piercing and How Should You Protect Against It? By: Danielle Taylor, Attorney at Law (Thrash, Carroll & Vanway Law Group) Normally, limited liability business entities, which include corporations and limited liability […]
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How to Safeguard Gifts to Children After Death “When is a Gift Not a Gift?” By: Christopher Ha, Attorney with TCV Law Group, Certified Financial Planner ® The purpose of this blog post is to […]
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New Year’s Resolutions 1. Make an appointment with an Attorney at Thrash, Carroll & Vanway Law Group to discuss a Revocable Trust and/or a Last Will and Testament 2. Sign your Medical and Financial Power […]
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How to Pay Yourself When You Own an LLC A significant advantage of organizing your business as a limited liability company (LLC) is the flexibility it affords. The Internal Revenue Service (IRS) allows LLC owners […]
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End of Year Charitable IRA Giving for 2021 This blog posts covers the Qualified Charitable Deduction (QCD) strategy for making charitable gifts to a charity. How Are Withdrawals from a Traditional IRA Typically Taxed? […]
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How to Sign for a Family Member’s Real Estate (in Texas) If They Die Without a Will Overview This purpose of this blog post is to provide a sample case study of how to […]
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