Retreating to a warmer climate for the winter sounds like an ideal way to spend a few months. To help make this dream a reality, some individuals choose to rent out their second homes when that are not in use. When renting out a property, one must consider legal ramifications, liability exposure, tax implications, insurance […]
Only two things are certain in life — death and taxes. However, the proper planning can help your loved ones experience fewer tax headaches due to the Basis Step Up on Death. Starting Point When talking about the new basis at death rule, the first thing is to understand is basis. A basis is applied […]
Just like birds, cooler weather drives many people to head south. If this is in your plan this coming autumn or winter, there are a few things to consider before leaving. Not only do you need to ensure your family’s safety from COVID-19, but also that your estate planning documents are updated, valid, and enforceable. […]
COVID-19 has deeply impacted the economy in the United States and this will likely continue for a long time. As a result of the pandemic, interest rates continue to fall and are currently sitting at a historic low. Today, the interest rate rests at 0.25%, the same as it was during the 2008 Housing Crisis. […]
