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2024-10-24
What Is a Step-Up in Basis? Step-up in basis is a tax provision that adjusts the cost basis of an inherited asset to its fair market […]
2023-10-06
What You Need to Know The federal lifetime gift and estate tax exclusion will increase for 2023, with possible increases for 2024 and 2025. However, these […]
2023-06-07
By Lone Star Advocate If you have young children, you absolutely need a will. Even if you don’t have many assets, one of the most important things […]
2022-10-03
We are all aware that planning is key to the success of any military operation. This also applies to all of our veteran service members in […]
2021-08-01
Who comes to mind when you think of a caregiver? Perhaps you imagine a nurse or doctor, treating an elderly patient at an assisted living facility, […]
2021-07-14
One issue that arises is that of a “spendthrift” child or grandchild. This family member may have an addiction problem or may simply be poor at […]
2020-11-16
A power of attorney permits you to grant powers that normally only you could exercise to another individual. The individual to whom you give these powers […]
2020-08-06
TO ALL PARENTS – FOR THE THIRD TIME IN JUST OVER 2 YEARS I HAVE FACED THE FOLLOWING SCENARIO: AN ADULT CHILD (AGE 18 OR OVER) […]
2019-12-05
The reality is that you will grieve forever. You will not get over the loss of a loved one. You will learn to live with it. […]
2019-10-16
A Transfer on Death Deed (TODD) can effectively remove your real property (homestead, primary residence, rental property, beach house) from your Probatable Estate and prevent the […]
2018-10-24
Not long ago, Mrs. Sutherland came to my office. She was married to Mr. Sutherland before he died unexpectedly. They had two small children together. It […]
2018-10-24
My father died a little over 2 years ago. He and I were close. Fortunately, I’m at that stage now, when I think of him, that […]