by Blaine Burch | Dec 23, 2022 | blog
Although it’s the season of giving, no one has Uncle Sam on the gift-giving list. Luckily, the law provides you many opportunities to give gifts to family, friends, and charities without having to include the IRS. Some are straightforward, while others may require...
by Blaine Burch | Nov 21, 2022 | blog
With the fall season in full swing, it’s an excellent time to review your legal affairs. Below is a checklist to ensure your planning meets your needs and is up-to-date: 1. When was your power of attorney last updated? A power of attorney is a valuable legal document,...
by Blaine Burch | Mar 28, 2022 | blog
There are many ways to own your assets. Some forms of ownership can even avoid probate without the need for further estate planning. It is natural to want your family to share in the bounty of your hard work. As a way to simplify the transfer process and avoid...
by Blaine Burch | Nov 11, 2021 | blog
The American Tax Relief Act of 2012 (ATRA) introduced us to extended opportunities to use “Portability” as part of the estate tax unified credit. As part of the estate tax code, each person has a lifetime exemption from gift and estate tax called the “unified credit”...
by Blaine Burch | Nov 11, 2021 | blog
One of the most overlooked (and therefore penalized) filings required as part of some probate or trust administrations is the Statement of Change in Control and Ownership of Legal Entities (Form BOE-100-B). A person must file a BOE-100-B within 90 days of a transfer...
by Blaine Burch | Aug 4, 2021 | blog
Much of estate planning has to do with the way a person’s assets will be distributed upon their death. But that’s only the tip of the iceberg. From smart incapacity planning to diligent probate avoidance, there is a lot that goes into crafting a comprehensive estate...
