Advance Health Care Directive – A Must-Have for Everyone
Every single adult needs to have an advance health care directive written, signed, and in place. This includes you, your parents, and your children as soon as they turn 18. After turning 18, your children are adults and you would not be able to access their medical...Is Your Independent Contractor a Real Employee or Common-Law Employee?
Is the person you classified as an independent contractor really an employee (or “common-law employees as the IRS calls them) instead? The Internal Revenue Service (IRS) and the Department of Labor are cracking down on businesses that misclassify workers. Before...Parents With Early Alzheimer’s – Don’t Wait To Help With Money Matters
People in their 50s and early 60s may notice their elderly parents having trouble with memory loss and handling finances. One in eight Americans 65 and over and 43 percent of individuals 85 and over have Alzheimer’s disease. But financial advisors and...How to Talk to Your Children About an Inheritance
Warren Buffett has famously said that you should “leave your children enough to do anything, but not enough to do nothing.” A recent Accenture study showed that the children of baby boomers will inherit almost $30 trillion over the next three decades, leaving more...Working With Your Spouse or Partner? Here’s Some Advice
About a third of all family businesses are run by husband-and-wife teams. Sometimes these entrepreneurial teams have a great relationship and their business thrives. Other times, working with your spouse or partner can lead to the end of the relationship. Here are...Hiring Independent Contractors – Stay On the Right Side of the Law
As businesses in America have increasingly hired independent contractors as a way to manage or cut costs, the IRS has ramped up its crackdown on employee classification violations. And we’ve heard many States are cracking down as well. In California, for example,...Obamacare SHOP Hits Logistical Speed Bump
The so-called Obamacare Small Business Health Options Program (SHOP) hit a logistical speed bump as the U.S. Department of Health and Human Services (HHS) has now revealed that small business owners will only have one health insurance plan option to offer employees...Estate Planning Lessons from NYC Mayor Ed Koch
Former New York City Mayor Ed Koch died February 1, 2013 leaving an estate with an estimated value of between $10 and $11 million. Since he was a public servant for a good part of his life, he may not be as concerned as most people would be to learn a much larger than...Small Business Tax Reform Proposal Includes Drastic Changes
Representative Dave Camp (R-MI), the chairman of the House Ways and Means Committee and one of Congress’ top tax lawmakers, has released his proposal for small business tax reform and it contains a number of drastic changes to the current code. A Forbes article takes...LIVE WEBINAR: Getting Started with Estate Planning
If you’ve been thinking of getting your Estate Plan set up, but aren’t sure how, get your questions answered at our next live seminar!
Presented by attorney Pablo Tagre.
