During COVID, many of us are balancing working remotely while caring for our children. This autumn, most of our children are returning to part-time or all remote school. We are using our residences as a home, office, and...more
10/13/2020
/ Capital Contributions ,
Coronavirus/COVID-19 ,
Estate Planning ,
Estate Tax ,
Fair Market Value ,
Family Limited Partnerships ,
Family Members ,
Homeowners ,
Mortgages ,
Partnership Agreements ,
Property Owners ,
Revocable Trusts ,
Tax Planning ,
Trustees ,
Trusts
The Paycheck Protection Program money is spent, the temporary $600 weekly unemployment supplement is over, and we still need money. We could draw on our savings, sell investments, or take out a loan against our home. Usually,...more
9/25/2020
/ 401k ,
CARES Act ,
Coronavirus/COVID-19 ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Loans ,
Required Minimum Distributions ,
Retirement ,
Retirement Plan ,
Retirement Plan Providers ,
Tax Planning ,
Tax Rates ,
Tax Relief ,
Tax Returns
Now more than ever, during COVID-19, we need to have access to our student’s health and financial records. Many parents do not realize that once their child attains the age of 18 years old, they no longer have legal access to...more
9/1/2020
/ Colleges ,
Coronavirus/COVID-19 ,
Durable Power of Attorney ,
Educational Institutions ,
Financial Records ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Medical Records ,
Student Privacy ,
Student Records ,
Students ,
Universities
As a result of COVID-19, institutions may expect to receive more requests from parents for records concerning their student. The following are some of the statues that may require release of such records....more
The COVID-19 pandemic has created a wave of economic uncertainty. Many business owners are thinking about succession planning, but they often do not implement a strategy or take necessary steps until faced with an event that...more