Update Your Estate Plan to Reflect Your Second Marriage

If you’re in a second marriage or planning another trip down the aisle, it’s vital to review and revise (if necessary) your estate plan. You probably want to provide for your current spouse and not inadvertently benefit your former spouse. And if you have children from each marriage, juggling their interests can be a challenge. […]Continue reading

4 Tips on Making Your Marketing Emails a Blast

No business owner wants to send out spam. Even the term “email blast,” the practice of launching a flurry of targeted messages at customers and prospects, has mixed connotations these days. Yet email remains a viable and even necessary communications channel. Here are four tips on making your marketing emails a blast (in the fun […]Continue reading

A Dynasty Trust Keeps on Giving Long Into the Future

A Dynasty Trust Keeps on Giving Long Into the Future BY THEUS LAW OFFICES With a properly executed estate plan, your wealth can be enjoyed by your children and even their children. But did you know that by using a dynasty trust you can extend the estate tax benefits for several generations, and perhaps indefinitely? A [...]Continue reading

Valuation Often Affects Succession Plans in Hard-to-See Ways

Any business owner developing a succession plan should rightfully assume that regular business valuations are a must. When envisioning the valuation process, you’re likely to focus on its end result: a reasonable, defensible value estimate of your business as of a certain date. But lurking beneath this number is a variety of often hard-to-see issues. […]Continue reading

Who Should Own Your Life Insurance Policy?

If you own life insurance policies at your death, the proceeds will be included in your taxable estate. Ownership is usually determined by several factors, including who has the right to name the beneficiaries of the proceeds. The way around this problem is to not own the policies when you die. However, don’t automatically rule […]Continue reading

4 Ways to Get (and Keep) Your Business Data in Order

With so much data flying around these days, it’s easy for a company of any size to get overwhelmed. If something important falls through the cracks, say a contract renewal or outstanding bill, your financial standing and reputation could suffer. Here are four ways to get — and keep — your business data in order: […]Continue reading

A Crummey Trust Can Preserve the Annual Gift Tax Exclusion

Traditionally, taxpayers have looked for ways to make the most of the $14,000 annual gift tax exclusion, and using a Crummey trust is one way to do that. But with the federal gift and estate tax exemption currently at an inflation-adjusted $5.49 million and the possibility of an estate tax repeal, it may seem that the […]Continue reading

Critical Connection: How Costs Impact Pricing

As we head toward year end, your company may be reviewing its business strategy for 2017 or devising plans for 2018. As you do so, be sure to give some attention to the prices you’re asking for your existing products and services, as well as those you plan to launch in the near future. The […]Continue reading

Disruptive Innovations in Estate Planning (Electronic Wills)

DISRUPTIVE INNOVATIONS IN ESTATE PLANNING (Electronic Wills) BY THEUS LAW OFFICES A new disruptive innovation is on the horizon in the area of estate planning, namely electronic wills. An electronic will is one that is digitally (not physically) signed and stored electronically. Traditionally, all parties to a will (the testator, two witnesses and a notary) must [...]Continue reading

Tax Law Uncertainty Requires an Estate Plan That Can Roll with the Changes

Events of the last decade have taught us that taxes are anything but certain. Case in point: Congress is mulling abolishing gift and estate taxes as part of tax reform. So how can people who hope to still have long lifespans ahead of them plan their estates when the tax landscape may look dramatically different […]Continue reading

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