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Our guide to estate taxes includes U.S. federal, state, and inheritance tax rules. Discover who pays and how much.

Estate Taxes: Who Pays? And How Much? Our guide to estate taxes includes U.S. federal, state, and inheritance tax rules. Discover who pays and how much.

Many small businesses don’t offer a retirement plan to employees, since it can be quite costly and complicated

Secure Act 2.0 offers options for small businesses who want to offer retirement plans Many small businesses don’t offer a retirement plan to employees, since it can be quite costly and complicated

Estate planning is an often overlooked topic during the financial planning process yet is a very important part of financial planning.

What Is Estate Planning? A Guide And FAQ For Investors Estate planning is an often overlooked topic during the financial planning process. Here's why that's a mistake.

Trusts offer estate planning and asset protection benefits that wills do not.

Understanding trusts: An important estate planning tool for everyday Americans Estate planning attorneys love trusts. Here’s why you might too.

How to educate your staff and create a culture of cybersecurity across your business.

17 Security Tips to Protect Your Business's Information You have a responsibility to your customers and your business to keep all sensitive data secure. Here are 17 best practices to secure your information.

Many states don’t set a deadline for executors to pay beneficiaries, but other deadlines can affect the timeline.

How Long Does the Executor Have to Pay the Beneficiaries? - NerdWallet There’s no standard deadline for paying beneficiaries of a will, but the probate process averages six to nine months. Many states have no deadlines at all.

It’s not always enough to have one person responsible for your future health

Beach Boys’ Brian Wilson’s conservatorship case highlights an important — and sometimes necessary — estate-planning tip It’s not always enough to have one person responsible for your future health.

A new survey released this week from the global information services provider Wolters Kluwer reports that 26 percent of small businesses feel that their organization is mostly prepared to comply with the new Corporate Transparency Act. https://bit.ly/4bNy5wd

The federal estate tax ranges from rates of 18% to 40% and generally only applies to assets over $13.61 million in 2024. But several states and the District of Columbia have their own estate tax, with lower asset thresholds than the federal government. A few states have an inheritance tax, which is paid by inheritors upon receiving the inherited assets.

Guide to Estate Tax: Definition, What to Know - NerdWallet The federal estate tax is a tax that's levied on your assets after you die. Most estates don't require filing an estate tax return unless the assets are over $12.92 million in 2023 or $13.61 million in 2024.

A living trust involves transferring your assets into the trust, often appointing yourself as trustee. Making a living trust part of your estate plan has advantages and disadvantages. If you're considering using a trust, it's highly advisable to work with an experienced estate attorney who can guide you through the process.

3 Reasons to Seriously Consider Using a Living Trust to Pass Inheritance to Your Family | The Motley Fool How a living trust can help secure your legacy seamlessly and quietly.

Staying up to date on the ever-changing rules and regulations that apply to businesses can be challenging. An experienced attorney can help clarify any legal obligations of your business.

Is Your Company Breaking the Law? Surprising SMB Rules - businessnewsdaily.com Learn some surprising laws and regulations that apply to small businesses, with tips to keep your company compliant.

Estate planning is a powerful phrase with a simple aim: To create a plan to protect yourself and your loved ones in the event of sickness, accidents or death.

Estate Planning: Create Your Legacy Estate planning is not only for the wealthy, it's for everyone. Here's how you can get started.

For business owners, estate planning takes on added significance. And as in other aspects of business, communication is one of the most powerful tools in planning your estate.

What Is the Best Estate Planning Tool for Entrepreneurs? Just as in other aspects of business, conversation wins out in planning for the future.

Having all the right documents and information handy will help make selling your business so much easier.

Selling Your Family Business? 14 Things Small-Business Buyers Will Want to See Having all the relevant information ready to go before you have a prospective buyer will help make the process so much easier.

Many business owners jump into the competitive marketplace without doing enough research when it comes to covering their legal bases. Don’t start a business without first thoroughly preparing yourself.

8 Legal Requirements When You Start A Business | Entrepreneur Here's what entrepreneurs need to do to avoid costly mistakes down the line.

An estate plan specifies how your assets should be handled at your death or when you’re incapacitated. When done properly, it can save your family a lot of stress.

10 Things You Should Know About Estate Planning Estate planning is all about taking charge of your legacy.

S corps and C corps have much in common, but the differences can affect all aspects of how you do business. When choosing a business structure, consider your shareholders' needs and your short and long-term business goals.

C Corp vs S Corp Learn more about the differences between a C Corp and S Corp.

Though preparing an end-of-life plan may sound like an uncomfortable experience, it can alleviate confusion and stress for your loved ones.

End-of-Life Planning: A Complete Guide Read on to learn about how to start end-of-life planning.

Depending on your financial goals and planning needs, a trust may be one tool in your estate planning toolbox. Consider consulting with an attorney to determine the most beneficial estate plan for your objectives.

2 Key Benefits Of Living Trusts Avoiding probate and retaining control over the distribution of your assets are two key benefits of using a living trust as part of your estate plan.

If you’re thinking of starting a business with a partner – or already have a partner – it’s important to think through and formally structure your relationship.

Should you start a small business with a partner or fly solo? Consider these factors. If you’re considering starting a business with a partner – or already have one, you need to think through and formally structure your relationship.

Having an estate plan will spare your loved ones the pain and expense of determining how to allocate your money and property while they’re grieving your loss. But some mistakes can upend your best efforts to protect your family's finances after death.

Common Estate Planning Mistakes Have you managed to avoid the eight most common estate planning mistakes? Your family will thank you.

When someone dies, their outstanding debts are typically paid through their estate.

What happens to credit card debt when you die? When you die, your credit card debt is usually settled from your estate. If there are not enough assets in the estate the credit card company will write off the debt.

Before you launch your business, take the proper legal and regulatory steps. A business attorney can provide guidance on selecting a legal structure, meeting compliance requirements, and more.

How To Start A Business: A Step by Step Guide For 2024 If you’re starting a new small business, find out where to begin and how to achieve success.

A trust is a legal contract that allows someone, known as the trustee, to hold assets on behalf of another person, known as the beneficiary. Trusts can be structured in a variety of ways to dictate how the assets are handled both during and after your lifetime.

Trusts Explained All you need to know about trusts, legal contracts that play a key role in most estate plans.

To make sure your heirs have it easier, consider using some tools that help them legally avoid probate, but still receive their inheritance.

3 Ways to Help Your Heirs Avoid Probate A little planning ahead and some time with an estate lawyer or a computer program can save a lot of anguish and money down the road

There are some cases where a party is legally excused from performing its contractual obligations. This can happen when a contract becomes impossible to perform due to unforeseen circumstances. Other times, contracts can be rescinded in cases of fraud or misrepresentation. If an issue has arisen that might affect your ability to fulfill your duties under an agreement, it's a good idea to speak with an attorney who can explain your options.

It's important for people to waste no time in deciding how they wish to distribute their assets — particularly their homes.

Do Your Heirs a Favor Decide now what you want to do with the family home after you are gone — and then write it down and update as necessary

An estate plan is more than a will, and professional guidance may be necessary to be sure that all the bases are covered and a solid plan is crafted and implemented.

What Is Estate Planning? A Guide And FAQ For Investors Estate planning is an often overlooked topic during the financial planning process. Here's why that's a mistake.

A Buy-Sell Agreement agreement establishes protection for all parties and the company should something happen or if an exit occurs for one of the business partners. Without such an agreement, many variables can emerge, such as a family member or other party that takes ownership or a controlling stake, and perhaps without any initiative for success.

What Is a Buy-Sell Agreement and Why Is It Vital for a Successful Partnership? | Entrepreneur If you are starting a business with a partner, you need to have a buy-sell agreement.

For many people, leaving an inheritance is an opportunity to provide loved ones with a final parting gift. But not all inherited assets are created equal.

6 of the Best Assets to Pass On to Your Heirs If your dearly departed leaves you one of these things, you've hit the jackpot.