Despite some misleading assertions to the contrary, trusts are not the solution for every estate plan. Trusts come with baggage and the …
The end of the year marks the time when many people are doing two things simultaneously. First, they are deciding how much …
Managing and preserving hard-earned wealth is a priority for many individuals. However, the specter of potential creditors looms ominously, ready to lay …
A parent can structure a gift of $1M to a child today such that neither the child nor the parent will pay …
Let’s assume you are ready to sell your business and you are reviewing two competing offers, both compelling in their own way. …
Whether you know it or not, your “estate” is comprised of different assets with different attributes. Some of your assets will be …
Small business owners sometimes have an enviable opportunity to save on tax. They rightfully look for every loophole to which they are …
Washington state has published its estate tax threshold for 2024. Spoiler alert: it hasn’t changed from 2023. When learning about the estate …
During a lunch with an Executive Director of a local charity that currently qualifies as a tax-exempt 501(c)(3), I heard him remark …
