The IRS has issued its annual Dirty Dozen list of tax scams for 2025, warning taxpayers, businesses, and tax professionals about fraudulent schemes that threaten financial security and tax compliance. While these scams peak during tax season, they persist year-round. Why This Matters for Estate Planning & Trust Administration Fraud and tax scams don’t just [...]
Our pets are more than just animals—they're beloved members of our families. But what happens to them if something happens to you? While we often think about planning for our loved ones, many pet owners overlook a crucial part of estate planning: ensuring their furry (or feathered or scaly) companions are provided for in [...]
High School Seniors Can Use a Starter Estate Plan The long, carefree days of summer are nearing an end. If you have a high school senior at home, childhood is also coming to an end for them as they prepare to graduate, turn 18, and enter the “real world.” You have done everything you [...]
I. Generation-Skipping Transfer Tax 101 Many people are familiar with the existence and some aspects of estate and gift taxes. If you are part of an ultra-high-net-worth family, it is important to also understand the generation-skipping transfer (GST) tax and how it may affect your particular situation. During the planning process, it is vital to [...]
I. Ways to Provide Money to Care for Your Beloved Pet As of 2023, 66 percent of US households own a pet.[1] A Forbes Advisor survey of more than 5,000 dog owners found that 41 percent of dog owners spend between $500 and $1,999 a year on their dogs and 8 percent spend more than [...]