Estate planning often focuses on human beneficiaries, but pets also deserve proper care after an owner’s passing. Including pets in an estate plan ensures they receive care and protection according to the owner’s wishes. Designate a pet guardian The first step in...
Month: October 2020
The impact of preservation laws on California real estate
Preservation laws play a crucial role in maintaining the cultural and historical landscape of a community. Understanding these regulations can significantly influence real estate projects, from planning to execution. How preservation laws shape development...
Tax implications of remote work
The shift to remote work has changed how many people view their jobs and where they choose to live. It has also raised new tax considerations. If you are a remote worker, it is helpful to understand some of the tax implications of working remotely. State tax...
How can you help an aging parent with their estate plan?
As parents age, it becomes increasingly important to assist them in preparing for the future. One big aspect of this preparation is helping them with their estate plan. By actively participating in this process, you can help your parents avoid obvious errors....
Understanding the IRS tax audit decision and appeals process
Every business owner knows the importance of complying with tax regulations to avoid any potential legal consequences. However, sometimes, despite their best efforts, businesses may find themselves facing an IRS tax audit. If the audit results in an unfavorable...
3 benefits of a trust
In the realm of financial planning, trusts stand out as powerful tools for securing and managing assets. Beyond the common perception of trusts as instruments for the wealthy, their benefits extend to individuals from all walks of life. To learn more, a person can...
Do you need a zoning variance?
Zoning laws dictate how you can use land within a particular area. These laws ensure orderly development and protect the property owners and community. Zoning variances provide an exception to those regulations, allowing property owners to deviate from those zoning...
Keep these things in mind if you are facing an IRS audit
Few things are as unsettling as a notice for an audit from the Internal Revenue Service. If you have received such a notification, you are not alone. In fact, the agency closed over 700,000 audits in 2022. You might fear stiff penalties or a harsh sentence over an...
How to update your estate plan after a major life event
Life can bring unpredictable changes and events that impact your priorities. It is important that your estate plan reflect your current circumstances and values. Reviewing and amending your plan can help you promote your interests and those of your loved ones....
Is it a good idea to avoid the probate process?
You may have heard someone mention that they created an estate plan to avoid probate, but you may be unsure why they did that. You could be wondering what is wrong with going through the probate process since it is a legal process that includes filing a will, having...