What is the best legal structure for your business? While there is an assortment of different structures (corporation, limited liability company, partnership, etc.), it is first important to understand the difference between an S-corporation (“S-corp”) and C-corporation (“C-corp”).
An estate plan is a fine-tuned machine, requiring maintenance and reviews in order to keep the documents up-to-date with the law and major life events. Especially considering the enactment of the American Taxpayer Relief Act of 2012, it is extremely important that an experienced estate planning attorney review your Revocable Living Trust if it was drafted before 2013.