The use of trusts in estate planning continues to be a hot topic among estate planning professionals and their clients. For example, whether or not to use a revocable living trust to avoid probate continues to be a widely discussed option in estate planning. The purpose of this article, however, is to discuss the use […]
Testamentary Trusts in Estate Planning Read More »
We live in a litigious society. We see news stories about the latest lawsuit, and how a jury awarded a zillion dollars for something that appears minor. (Paging, the McDonald’s My coffee is too hot award.) There are also social networking sites dedicated to spreading the word about frivolous law suits. (https://www.facebook.com/ColoradoLawsuitAbuseWatch?) Countless clients, after
Ways to Minimize Your Businesses’ and Your Personal Liability Read More »
The status of a worker as an “employee” or an “independent contractor” continues to be an issue for both employers and the IRS. The basis of the issue is how the particular designation affects the employers’ payment of employment taxes. For those employers who have incorrectly in the past treated workers who are employees as
Independent Contractor vs. Employee Read More »
The average person has likely never heard of the Federal False Claims Act (the “FCA”). 31 U.S.C. §§ 3729 – 3733. Yet, it will likely touch the lives of most Americans directly or indirectly at some point. The FCA imposes liability on individuals and companies who defraud governmental programs and is widely used in the
The goal of estate planning is to provide for the management and transfer of a person’s property in the event of their death or incapacity at the smallest financial cost to their family. A properly structured estate plan allows someone to choose his/her beneficiaries, provide for the management of their assets, and eliminate or reduce
Reconsideration of Estate Planning Under New Tax Laws Read More »
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