Overview Of The Federal Estate Tax Exemption Sunsetting In 2026 The Tax Cuts and Jobs Act (TCJA) has considerably affected gift, federal estate, and generation-skipping transfer (GST) taxes. One of its key aspects was the increase in tax exemption limits for these transfers. Specifically, the exemption amount surged from $5,490,000 in 2017 to $11,180,000 in […]
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Serving As A Trustee: What You Should Know Being appointed to administer a trust can be quite an honor. This appointment indicates that the other person has a lot of respect and trust in you. However, it can also be an enormous responsibility with a lot to understand. Because you can be held personally liable […]
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Understanding The Valuation Cap When a startup is just beginning, the founder or founders often do not have much money, if any, to invest in the business themselves. This means they must rely on investors to invest, often rather heavily, to get the business off the ground. However, investors want to put their money into […]
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The Impact Of E-Commerce On Commercial Real Estate: Opportunities And Challenges For Retail Leasing The increase in e-commerce has brought about a profound transformation in the commercial real estate sector, reshaping the landscape of retail and industrial spaces. This shift, driven by the remarkable growth of online shopping over the last decade, has prompted a […]
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How A Trust Can Benefit You And Your Children After Divorce The Centers for Disease Control reports that in 2000, for every 1,000 people, there were 8.2 marriages and 4.0 divorces, which is roughly half of marriages ending in divorce. The same report shows that in 2022, for every 1,000 people, there were 6.2 marriages […]
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Choosing The Right Time To Exit Your Business Starting a business is often a long-held dream. Whether it is a childhood dream, a vision that began to form in college, or a more subtle fantasy that lingered in the back of your mind until just the right moment, you did not start it with thoughts […]
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Do You Need An Operating Agreement For An LLC? The formation of a new business entity can be both exciting and frustrating. The complex interplay of state and federal laws, industry regulations, and local licensing requirements can make it difficult to determine which business structure offers the most appropriate balance of liability protections, business owner […]
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What Small Business Owners Should Know About Embezzlement The United States Sentencing Commission states that 10% of all federal offenders in Arizona are sentenced for fraud, theft, or embezzlement. Many of these offenders were probably small business owners, and some may have unwittingly embezzled funds. This offense is all too easy to commit, and even […]
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Legal Structures For Asset Protection: Trusts, LLCs, And Corporations Various strategies exist that can help people legally safeguard their assets; each of these approaches differs in terms of benefits and security. Some examples of legal vehicles utilized to protect assets include trusts, corporations, and limited liability companies (LLCs). Understand the different legal structures available for […]
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Navigating Commercial Lease Negotiations: Tips for Tenants And Landlords According to Statista, the commercial real estate sector experienced negative returns in 2023 – something not seen since 2009. Additionally, the average monthly rental cost for shopping center space in Phoenix has been steadily climbing since 2020 – rising from $18.8 per square foot to $24.7 […]
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Estate Appraisals: What Is The Role Of Appraisals In Estate Planning? Many people assume that having an estate plan is as simple as creating a will and calling it done. However, this is not always the case. Depending on the size, value, and assets involved in an estate, an estate appraisal may be necessary. Estate […]
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Legal Considerations In Commercial Lease Agreements: Key Clauses And Protections Commercial lease agreements are crucial for commercial real estate (CRE) developers and businesses alike. Buying commercial development property outright is neither feasible nor, in many cases, desirable, for a startup business or one that is just undertaking an expansion, so securing advantageous commercial leases that […]
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Planning for legal guardianship of children is a key factor in estate planning. Most parents want the best for their children, regardless of the circumstances. While it may be heartbreaking to consider, it is important to take into account what would be best for minor children if one or both of their parents should pass […]
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