A SLAT Offers Estate Planning Benefits and Acts as a Financial Backup Plan BY THEUS LAW OFFICES The most effective estate planning strategies often involve the use of irrevocable trusts. But what if you’re uncomfortable placing your assets beyond your control? What happens if your financial fortunes take a turn for the worse after you’ve irrevocably [...]Continue reading

Finding a 401(k) That’s Right for Your Business BY THEUS LAW OFFICES By and large, today’s employees expect employers to offer a tax-advantaged retirement plan. A 401(k) is an obvious choice to consider, but you may not be aware that there are a variety of types to choose from. Let’s check out some of the most [...]Continue reading

The BDIT: A Trust With a Twist BY THEUS LAW OFFICES The beneficiary defective inheritor’s trust (BDIT) allows you to enjoy the benefits of a traditional trust without giving up control over your property. BDITs can hold a variety of assets, but they’re particularly effective for assets that have significant appreciation potential or that may be [...]Continue reading

Is Your Inventory Getting the Better of You? BY THEUS LAW OFFICES On one level, every company’s inventory is a carefully curated collection of inanimate objects ready for sale. But, on another, it can be a confounding, slippery and unpredictable creature that can shrink too small or grow too big — despite your best efforts to [...]Continue reading

Basic Consistency Rules May Come Into Play if You’re Administering an Estate or Inheriting Property BY THEUS LAW OFFICES When it comes to tax law changes and estate planning, the substantial increases to the gift and estate tax exemptions under the Tax Cuts and Jobs Act are getting the most attention these days. But a tax [...]Continue reading

3 Keys to a Successful Accounting System Upgrade BY THEUS LAW OFFICES Technology is tricky. Much of today’s software is engineered so well that it will perform adequately for years. But new and better features are being created all the time. And if you’re not getting as much out of your financial data as your competitors [...]Continue reading

21st Century Estate Planning Accounts for Digital Assets BY THEUS LAW OFFICES Even though you can’t physically touch digital assets, they’re just as important to include in your estate plan as your material assets. Digital assets may include online bank and brokerage accounts, digital photo galleries, and even email and social media accounts. If you die [...]Continue reading

Trust is an Essential Building Block of Today’s Websites BY THEUS LAW OFFICES When business use of websites began, getting noticed was the name of the game. Remember pop-up ads? Text scrolling up the screen? How about those mesmerizing rotating banners? Yes, there were — and remain — a variety of comical and some would say [...]Continue reading

Double Duty Giving With Charitable Gift Annuities BY THEUS LAW OFFICES If you’re charitably inclined, you may wish to consider a charitable gift annuity. It can combine the benefits of an immediate income tax deduction and a lifetime income stream. Furthermore, it allows you to support a favorite charity and reduce the size of your future [...]Continue reading

Get SMART When it Comes to Setting Strategic Goals BY THEUS LAW OFFICES Strategic planning is key to ensuring every company’s long-term viability, and goal setting is an indispensable step toward fulfilling those plans. Unfortunately, businesses often don’t accomplish their overall strategic plans because they’re unable to fully reach the various goals necessary to get there. [...]Continue reading