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Corporate Transparency Act Update
June 12th, 2024
Under the Corporate Transparency Act (CTA), which took effect January 1, 2024, many business entities including small limited liability companies (LLCs) and partnerships are required to file reports with the Treasury Department’s Financial Crime En…
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What Happens to An Adult Child Living at Home When Their Parents Pass Away?
June 5th, 2024
Today more young adult children are living at home with their parents than at any time since the 1940s. While there are many different opinions about this trend and the cause of its recent prevalence, the primary motivation for young adults staying a…
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Celebrating International LEGO Day Jan 28
January 28th, 2024
Mark your calendars: January 28 is International LEGO day, which celebrates the date when the patent for the globally famous plastic brick system was filed. Since the 1940s, people have been creating their own worlds, brick by brick, with LEGOs. With…
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Categories: Estate Planning, General News, Miscellaneous, News, Planning for Minor Children, Trusts, Wills
What Happens to Your Venmo, PayPal, and Apple Pay Accounts at Your Death?
July 12th, 2023
It has been said that nothing ever dies on the Internet. While this dictum is typically used as a warning that what we put online may come back to haunt us, it is also true that our online accounts can outlive us, and even live in perpetuity. Having…
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Four Important Considerations If You Win the Lottery
July 5th, 2023
On February 14, 2023, California state lottery officials named the winner of the largest lottery prize in United States history: Edwin Castro won an eye-popping $2.04 billion in a November 2022 lottery drawing, choosing a lump sum payment of $997.6 m…
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Planning a Barbecue Is Like Planning Your Estate
May 24th, 2023
For many, Memorial Day weekend signals the beginning of summer and enjoying warm-weather activities, including backyard barbecues with friends and family. Although a cookout may be an informal affair, planning is crucial to its success. This is true…
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What Is the Effect of an Unrecorded Deed?
February 15th, 2023
A deed is a legal document used to transfer real property ownership rights from one person or entity (the grantor) to another (the grantee). In many cases, this transfer occurs due to the property being sold, with the seller transferring the property…
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Family History as Legacy: Beyond Dollars and Land
March 2nd, 2019
Happy Texas Independence Day. In estate planning, one’s legacy is often thought of as the value of land or money that is left to your heirs. But Merriam-Webser also defines legacy as “something transmitted by or received from an ancestor…
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Categories: Miscellaneous