Estate Planning, Wills, Probate and Transfer of Assets

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Estate Planning, Wills, Probate and Transfer of Assets

Estate Planning, Wills, Probate and Transfer of Assets

A will allows the testator (the person creating the will) to specify:

  • Who receives property at the testator’s death
  • Whether beneficiaries receive gifts outright or in trust
  • Who will act as personal representative
  • Who will be the guardian of minor children

In the absence of a will, these matters are settled by state law.

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Financial Planning Guide for 2018

Financial Planning Guide

Financial Planning comes in many forms – Budgeting, Saving, Investing and Understanding the Tax Implications of the various strategies.  Learn more by clicking on the “Download Article” button.

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Divorce and Taxes

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Divorce and Taxes in 2018

Divorce and Taxes in 2018

Filing status is based on your status as of December 31.  If you are divorced under a final decree by the last day of the year, you are considered unmarried for the whole year and you cannon choose Married Filing Jointly as your filing status.  Learn more by clicking on the “Download Article” button.

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Cancellation of Debt - Insolvency

Cancellation of Debt – Insolvency

Taxpayers with cancelled debt can often exclude the cancellation of debt income to the extent they were insolvent immediately before the cancellation.  If a cancelled debt is excluded from income, it is nontaxable.  Learn more by clicking on the “Download Article” button.

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Marketing Your Business

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Marketing Your Business in 2018

Marketing Your Business in 2018

Marketing Your Business comes in many forms today – from personal networking to advertising on the internet and leveraging Social Media Platforms to help you connect with your Target Audience.  Learn more by clicking on the “Download Article” button.

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Employee or Independent Contractor

Employee or Independent Contractor

A worker performing services for a business is generally an employee or an independent contractor.  If a worker is classified incorrectly, the IRS may assess penalties on the employer for nonpayment of certain taxes.  Learn more by clicking on the “Download Article” button.

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