by b382814 | Jul 16, 2024 | Estate Planning, Asset Protection, Wills, Trusts
THERE HAS BEEN A RECENT LAW CHANGE FOR OWNERS OF COMPANIES OR LLCS. FAILURE TO COMPLY COULD RESULT IN SIGNIFICANT FINES OR EVEN JAIL TIME! WHAT IS THE LAW CHANGE? The Corporate Transparency Act (“CTA”) is requiring a significant number of businesses to disclose...
by b382814 | Feb 17, 2023 | Estate Planning, Asset Protection, Wills, Trusts
In the past, we have recommended to many of our clients that they name their trust as the primary beneficiary of their retirement accounts if they are single and as the contingent beneficiary if they are married. Naming your trust as a beneficiary of a retirement...
by b382814 | Jan 25, 2022 | Estate Planning, Asset Protection, Wills, Trusts
New Illinois law has clients wondering who will be entitled to a copy and an accounting of their trust Illinois passed a new law that has concerned some clients about who is entitled to a copy of their trust and/or a copy of a trust accounting after the trust becomes...
by b382814 | Feb 20, 2020 | Estate Planning, Asset Protection, Wills, Trusts
It has recently come to our attention that many seniors are wasting a huge asset. Specifically, over $70BB of life insurance policies are lapsing every year. Many reasons contribute to this problem such as: 1) Clients no longer want nor can afford their policies; 2)...
by b382814 | Jun 25, 2019 | Estate Planning, Asset Protection, Wills, Trusts
Do you have a business, a parcel of real estate, or some stock that you want to sell? Do you want to avoid paying as much as 28% in state and federal capital gains taxes? Call us before signing a contract or ordering the sale of stock. We have tried and true...
