Estate Planning


Property (real or otherwise) inherited by family or friends is not considered to be taxable by the federal government. The ability to be taxed on a piece of property that is inherited can be a big concern and point of confusion for many people.  The lesser known IRS “gift” Basis Step Up, also known as… Continue reading BASIS STEP UP 101

Estate Planning

Pitfalls of DIY Estate Planning

There is no doubt that everyone loves a bargain when organizing their estate and giving instructions on the distribution of their worldly goods after death. Yes, you can write your wishes on a piece of paper or you can fill out some quick online forms and have either witnessed as a last will and testament… Continue reading Pitfalls of DIY Estate Planning