Should you “Park” your Vehicle in a Living Trust?

Should you “Park” your Vehicle in a Living Trust? BY THEUS LAW OFFICES Using a revocable trust — sometimes referred to as a “living trust” — is a common estate planning strategy to manage one’s assets during life and to avoid probate at death. For the trust to be effective, you must “fund” it, meaning transferring [...]Continue reading

Will your estate plan benefit from a trust protector?

Will your estate plan benefit from a trust protector? BY THEUS LAW OFFICES You may have several different types of trusts in your estate plan. In general, to achieve the greatest tax savings, these trusts must be irrevocable, thus requiring you to give up control over the trust assets. Even though you appoint a trustee to [...]Continue reading

Get smart when tackling estate planning for intellectual property

Get smart when tackling estate planning for intellectual property BY THEUS LAW OFFICES If you’ve invented something during your lifetime and had it patented, your estate includes intellectual property (IP). The same goes for any copyrighted works. These assets can hold substantial value, and, thus, must be addressed by your estate plan. However, bear in mind [...]Continue reading

Relief for Small Businesses – CARES Act Update

Relief for Small Businesses – CARES Act Update BY THEUS LAW OFFICES Covid-19 relief has arrived for small businesses under the Coronavirus Aid, Relief and Economic Security Act ("CARES Act")! One of the many offerings for small businesses is the Paycheck Protection Program (PPP) loan. A PPP loan is designed to cover payroll expenses for an [...]Continue reading

The gift tax filing and payment deadlines have been extended to July 15

The gift tax filing and payment deadlines have been extended to July 15 BY THEUS LAW OFFICES You may have heard that the federal income tax filing and payment deadline has been extended from April 15, 2020, to July 15, 2020, to provide relief for taxpayers adversely affected by the coronavirus (COVID-19) pandemic. What you may [...]Continue reading

Review your Estate Plan in the Midst of a Major Life Shock

Review your Estate Plan in the Midst of a Major Life Shock BY THEUS LAW OFFICES Generally, it’s recommended that you review your estate plan at year’s end. It’s a good time to check whether any life events have taken place in the past 12 months or so that affect your plan. However, with a life [...]Continue reading

The Future Is (Almost) Here (Electronic Notarization and Louisiana Proclamation 37)

The Future Is (Almost) Here (Electronic Notarization and Louisiana Proclamation 37) BY THEUS LAW OFFICES The current pandemic has accelerated the inevitable shift beyond bricks and mortar. We have been following this trend since 2017, which was our last post on Disruptive Innovations in Estate Planning. The coronaviris is - to put it quite mildly - [...]Continue reading

Your legacy: Charitable giving is vital during the COVID-19 crisis

Your legacy: Charitable giving is vital during the COVID-19 crisis BY THEUS LAW OFFICES The novel coronavirus (COVID-19) pandemic and the resulting economic fallout is dealing a crushing blow to charitable organizations. Indeed, during a time when food banks, disaster relief and other nonprofit services are needed most by the public, their funding is suffering due [...]Continue reading

What to Know Regarding an Immigration Court Venue Change?

What to Know Regarding an Immigration Court Venue Change? BY THEUS LAW OFFICES When someone has been detained by U.S. Immigration patrols and is later released from detention, they will generally receive a Notice to Appear (“NTA”). Such document instructs the non-citizen to appear before an immigration judge on a certain date and/or location. Generally, the [...]Continue reading

The Rules have Changed Regarding your IRAs, RMDs and Estate Plan

The Rules have Changed Regarding your IRAs, RMDs and Estate Plan BY THEUS LAW OFFICES Many people’s estates typically include IRAs. Be aware that two major laws passed into law recently, the Setting Every Community Up for Retirement Enhancement (SECURE) Act and the Coronavirus Aid, Relief, and Economic Security (CARES) Act, have had a direct effect [...]Continue reading

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