When people think of estate planning, they most often (and mistakenly) think only of trusts/wills and what happens to their assets upon their death. However, a comprehensive Durable Power of Attorney for Property Management (“DPA”) and Advance Health Care Directive (“ACHD”) provide important before-death benefits that are typically overlooked. When people think of estate planning, they most often (and mistakenly) Read More
Piercing The Corporate Veil: When Your Llc Or Corporation Does Not Protect You From Personal Liability
One of the main reasons business owners form corporations and limited liability companies (LLCs) is to avoid personal liability for debts and liabilities of their business. Generally, business owners are protected from the debts and liabilities of their corporation or LLC because these entities are considered separate and distinct from those who own them (owners of an LLC are referred to as members, and owners of a Read More
The American Taxpayer Relief Act Of 2012: Time To Review Your Revocable Living Trust
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. An estate plan is a fine-tuned machine, Read More
