Small businesses make up a huge part of the U.S. economy. There’s a lot of allure to starting a business but it’s often risky. Lenders view loans to small businesses, particularly start-ups, as...
Many people believe that when it comes to proactive legal planning – in estate planning, asset protection, or business formation – they have to create legal structures under the laws of their...
I have a good friend who is an experienced financial planner in my small town who has a pretty good understanding of what we do. He provides comprehensive financial planning and counseling...
Everything looks like a nail. I recently had a conversation with a good friend who is also becoming a client. He was in the process of buying a rental house and he wanted to reduce his liability...
Creating a strong corporate veil In the first post in this series we explored the distinction between the legal form of a business entity and the way the business is taxed. That first post...
I was recently hired to provide a trust review for another attorney. He was helping a family administer an irrevocable trust for a surviving spouse and things were going sideways. The...
We’ve had quite a few clients come to us in the last few years to help them plan with bitcoin and other valuable digital assets. Most of the time the clients are interested in the value of...
Okay maybe not. But couples in states like Texas and California have at least one important tax benefit most other couples don’t have. "Tax benefit" and "California" hardly belong in the same...
Over the winter holidays I traveled with my wife and oldest daughter through Spain and Portugal. Traveling to foreign countries tends to refresh my perspective on lots of things, not the least of...
Colorado's new trust code takes effect January 1, 2019 and is generally bad for trust creators. The bad news is that Colorado's new law further devalues privacy and protection. The good news is that the law is generally a "default" law and many of the less desirable provisions can be avoided with careful planning. The better news is that the trust can be completely avoided with proactive planning under a better jurisdiction's laws. Read on.