CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

If you’re a real estate developer or a small business owner who owns commercial real estate, you might be thinking

Estate planning can be overwhelming. One reason is that it has a language all its own. While you may be

Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a

President Trump and the Republican Congress plan to act swiftly to make broad changes to the United States — including

Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your

The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage

Traditional estate planning strategies generally are based on the assumption that all family members involved are U.S. citizens. However, if

Once you reach age 73, tax law requires you to begin taking withdrawals — called Required Minimum Distributions (RMDs) —

It’s not uncommon for people who live in states with high income taxes to relocate to states with more favorable

To help make sure you don’t miss any important 2025 deadlines, we’re providing this summary of when various tax-related forms,

Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your

A revocable trust — sometimes known as a “living trust” — can provide significant benefits. They include the ability to

Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage

  According to the Pew Research Center, nearly a quarter (23%) of U.S. children under the age of 18 live

For many people, pets are more than just animals — they’re cherished members of the family. Yet, when it comes

The U.S. House of Representatives has passed its budget reconciliation bill, dubbed The One, Big, Beautiful Bill. Among other things,

Suppose your adult child or friend needs to borrow money. Maybe it’s to buy a first home or address a

Have you ever invested in a company only to see its stock value plummet? (This may become relevant in light

If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood

Once your 2024 tax return is in the hands of the IRS, you may be tempted to clear out file

President Trump’s “Liberation Day” announcement of global tariffs caught businesses, as well as foreign countries and worldwide financial markets, off

When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next

When estate planning, it’s common for parents to leave their primary residence or a vacation home to their children. While

Are you starting a business with partners and deciding on the right entity? An S corporation might be the best

Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses were able to claim a tax deduction

If you’ve given a significant financial gift to a family member, you may wonder whether you’re required to file a