Blog

The Corporate Transparency Act: What does it mean for you?
The Corporate Transparency Act (CTA), effective January 1, 2024, was established by Congress to limit the anonymity of corporate structures with the goal of combatting

Understanding the Importance of Power of Attorney
We frequently get asked questions regarding the Power of Attorney. This legal document holds immense importance, yet many people are unsure about its role and

The Significance of Establishing a Will
A will is a signed and witnessed document that tells the world, the court, and your family how you wish your assets to be distributed

A WELL-DRAFTED POWER OF ATTORNEY IS CRITICAL TO YOUR WELL-BEING
A power of attorney is an incredibly important and powerful tool. When signed, it allows the person you appoint, “the Agent,” to take legal and

THE STEPPED-UP BASIS IN IRREVOCABLE TRUSTS
IRS REVENUE RULING 2023–2
In January of this year, the IRS came out with its Revenue Ruling 2023-2 which clarified the issue regarding adjusted cost basis inside an irrevocable

Attorney Joins Hilton Estate & Elder Law
After an exhaustive search, Robert Hilton of the law firm Hilton Estate & Elder Law announces that John Maine has joined the practice. Born in

The Importance of Having a Health Care Proxy
A Health Care Proxy falls within the three core documents all persons 18 or older should complete (the other two being a Will and Power

Lessons from the Coronavirus Pandemic
The recent and drastic measures surrounding the coronavirus pandemic have caused us to rethink how we do things and how we prepare ourselves. Where we

Nine Reasons Not to Transfer your House to your Children
Many people ask, when is a good time to transfer their house to their children. This question is invariably garners a response of “Never”. This

Common Misconceptions About Trusts
Whether meeting groups during estate planning seminars or clients individually, I’ve found there is a general misunderstanding of trusts and their function. Far too many

Medicaid and The Nursing Home
How will we pay the nursing home? This is one of the most common questions family members of a loved one in the nursing home

Divorce & Estate Planning – Pitfalls to Avoid
According to the majority of studies, 40-50% of first marriages will end in divorce. Divorce rates for subsequent marriages are even higher. Divorce has become