by Tom Bates | May 7, 2021 | blog, Blog: Estate Planning
Taxes are often said to be one of the few unavoidable parts of life. The degree to which you end up paying taxes, however, can change substantially. Even though it is currently set at $11.7 million for singles and $23.4 million for a married couple, the estate tax...
by Tom Bates | Aug 14, 2020 | blog, Blog: Bankruptcy, Blog: Estate Planning
In a Wall Street Journal article published last month, Philip DeMuth commented that Americans currently live in an ideal age of taxes due to President Trump’s 2017 Tax Cuts and Jobs Acts. Unfortunately, however, the tax advantages offered through various regulations...
by Tom Bates | Jul 24, 2020 | blog, Blog: Estate Planning
If you are like one of many people who inherited an individual retirement account (IRA) this year, you likely have countless questions involving estate planning and taxes. While it can be a financial advantage to inherit an IRA account, there are still taxes to worry...
by Tom Bates | Jan 19, 2018 | Blog: Estate Planning
Estate planning methods offer significant benefits for all business owners. By establishing a strong estate plan, a person can safeguard not just a business, but employees and potential heirs, as well. This article will review some of the most important elements about...