Griffin Law Firm, PLLC

📢 Important news regarding estate planning! The estate tax exemption is set to change in 2026 because of the sunsetting provisions in the Tax Cuts and Jobs Act (TCJA).

Though 2026 might feel like it's in the distant future, it's crucial to start planning now. These changes are significant, and even if Congress ultimately steps in to tweak or extend the current rules, preparing now is key.

Swipe through for the details on how this could affect you ↩️ Have questions? Feel free to reach out to our office. That’s what we’re here for.

The headlines surrounding the SEC’s approval of spot Bitcoin ETFs have left many Americans with questions, including the basic one: "What's a spot Bitcoin ETF?"

With that confusion in mind, we thought we would take this opportunity to share an overview of this landmark event. Swipe to learn more ➡️

Have any business-related legal questions? Reach out to our team of legal experts for the answers ⚖️

Americans are living longer than in previous generations, and this increase in longevity means adjustments to savings strategies and retirement age are necessary.

But what about estate planning? Plans need to cater not just to living longer but living well, including needing significant health care or assisted living services.

Whether it's setting up trusts, discussing health directives, or protecting against undue influence, we're here to help you plan a secure, fruitful future. Reach out today.

Giving to causes you care about not only supports impactful organizations but also brings financial and estate benefits.

Swipe through to explore smart ways to enhance your charitable giving! From donating appreciated assets to strategic timing with donor-advised funds, there are many paths to impactful generosity.

Reach out with questions or to discuss more about charitable giving. Our team is always ready and willing to help.

What is probate and how does it impact you and your family?

Probate is a legal process that occurs after someone passes away, involving the verification of their will and the distribution of their estate. The process can take anywhere from nine months to several years, depending on the complexity of the estate.

To help you understand this process more clearly, we have compiled some information as well as strategies for streamlining the probate process. Swipe through to read ↩️ As always, give us a call with any questions or estate planning needs.

Did you know that you need a will even if your assets are limited? Unfortunately, 40% of people without a will incorrectly think they don’t need one due to limited assets.

Remember, an up-to-date will offers a number of key protections beyond financial matters. For example, it:

📜 Allows you to control essential health care decisions.
📜 Designates what happens with your digital and social media assets.
📜 Describes how and who should be responsible for minor children in an emergency.

Whether you need to write a new will or review your existing one to ensure it aligns with your current situation, now is the time to take action to ensure you and your family are adequately protected. Give us a call anytime.

Planning to merge with or acquire another company this year? If the answer is yes, it's crucial to understand the legal landscape before diving in. Swipe through for four essential considerations to keep in mind during this process.

Mergers and acquisitions are intricate processes that demand careful legal scrutiny. Have questions or need guidance? Don't hesitate to give our office a call. Our team is here to support you every step of the way.

Worried about a potential audit of your business? There are steps small business leaders can take to reduce their risk of an audit.

Swipe through to read a few of them. And if your business does become the subject of an audit, know that we are here to connect you to the resources you need.

Just like any other relationship, business partnerships can be great...until they're not. We recommend having a partnership agreement in place to help with things like:

✅ Profit sharing, loss allocation, and withdrawals – There are many ways to handle the allocation of both profits and losses. Financial decisions like these should be decided upon beforehand and clearly lined out.
✅ Decision making – Who has the final say when a decision needs to be made? Is it decided by a vote? Have answers to these questions in your agreement so there is no ambiguity when it’s time to make a decision.
✅ Dispute resolution – Providing options other than court in your agreement (like mediation) can save the business time and money. It can also save a business relationship!

Have questions about anything mentioned? Leave them in the comments! We’re happy to answer.

Have you heard of the new reporting requirement in 2024 called the "FinCEN Identifier”? It was introduced by the Financial Crimes Enforcement Network (FinCEN) in response to the Corporate Transparency Act. Most corporations, LLCs, or other similar legal entities will need to get one.

Swipe through to learn more ➡️ And as always, if we can provide legal guidance for your business, do not hesitate to reach out.

In the process of signing a commercial lease? Signing a commercial real estate lease may be the right move for your business but only if you avoid common pitfalls.

Swipe through for a list of considerations to keep in mind as you venture into renting property for your business.

Reach out to our team with any questions or if you would like a second set of eyes on your lease. We are here to help.

For real estate investors, a 1031 tax exchange offers a strategic advantage by allowing the deferment of capital gains taxes when exchanging qualifying properties. This mechanism can significantly aid in portfolio growth and diversification without the immediate tax expense.

With that in mind, we’re sharing an overview of 1031 exchanges and their benefits.

Swipe for more details, and reach out to us with any questions or needs ➡️ Our team is here and ready to support you.

No matter your age, health, or life circumstances, having a comprehensive estate plan in place is crucial. With that in mind, we’re sharing today four commonly overlooked estate planning considerations.

Swipe through to learn more, and, remember, we're here to assist you in navigating this vital process.

Feel free to reach out to us with any questions or for support in your estate planning journey.

From our years of legal experience have come insights into the mistakes that bring businesses through our doors. Today, we thought we would share ten ways you can sidestep the common business errors that lead to litigation.

Have questions or need legal guidance for your business? Reach out anytime — we would love to help.

Did you know that 67% of Americans are without an estate plan? This is the biggest estate planning mistake, but there’s a close second: a "one-and-done" approach to estate planning 📜

While it's great to have an estate plan, it's not something you can create and forget. The world changes, and so do your personal circumstances. That's why it's vital to review your estate plan every three to five years, or after major life events, to ensure it continues to protect your assets and your loved ones.

Wondering what types of changes make regular reviews so important? Swipe through for common examples and insights on keeping your estate plan in sync with your life. 🔄