Category: Tax

6 Events Which May Require a Modification of Your Estate Plan Creating a Will is not a one-time event. You should review your will periodically,

A Primer on Irrevocable Trusts Many individuals are aware that a will is one way to plan for the distribution of their assets after death.

The Risks of Tenant-in-Common Investments Historically, tenant in common (TIC) projects were owned by a relatively small group of investors who knew each other, such

How Par Value Affects Start-Up Businesses Many entrepreneurs are unclear about the “par value” of a stock, and what par value they should establish for

What are the powers and responsibilities of an executor? An executor is responsible for the administration of an estate. The executor’s signature carries the same

Five Considerations For Starting a New Business 1.     Deciding on a Business Form There are various business forms to choose from.  A sole proprietorship is

Why You Shouldn’t Use a Will Form from the Internet or other “legal self-help” site.    In this computer age, when so many tasks are

What is a 501(c)(3 ? A 501(c)(3) nonprofit is one of a class of several different types of tax-exempt, nonprofit organizations under section 501(c) of the

TAX BASIS AND ESTATE PLANNING    A tax basis is essentially the purchase price of a piece of property. Whenever that property is sold, the