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

You’d be surprised how often people fail to disclose foreign assets to their estate planning advisors. They assume that these

If you’re thinking about selling stock shares at a loss to offset gains that you’ve realized during 2022, it’s important

Two tax benefits are available to offset the expenses of adopting a child. In 2022, adoptive parents may be able

If you’re taking a second trip down the aisle, you may have different expectations than you did when you got

Many people have savings bonds that were purchased many years ago. Perhaps they were given to your children as gifts

These days, most businesses have some intangible assets. The tax treatment of these assets can be complex. What makes intangibles

You create an estate plan to meet technical objectives, such as minimizing gift and estate taxes and protecting your assets

The holiday season is here and many people plan to donate to their favorite charities or give money or assets

The effects of inflation are all around. You’re probably paying more for gas, food, health care and other expenses than

Among the many decisions you’ll have to make as your estate plan is being drafted is who you will appoint

No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way

How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice

If you operate a small business, or you’re starting a new one, you probably know you need to keep records

Traditionally, spring and summer are popular times for selling a home. Unfortunately, the COVID-19 crisis has resulted in a slowdown

Transferring a family business to the next generation requires a delicate balancing act. Estate and succession planning strategies aren’t always

Some companies are expected to report impairment losses in fiscal year 2020 because of the COVID-19 crisis. Depending on the

You may have good intentions in keeping a trust a secret from its beneficiaries. Perhaps you have concerns that, if

Using a revocable trust — sometimes referred to as a “living trust” — is a common estate planning strategy to

It’s often difficult for married couples to save as much as they need for retirement when one spouse doesn’t work

Restaurants and entertainment venues have been hard hit by the novel coronavirus (COVID-19) pandemic. One of the tax breaks that

The economic impact of the novel coronavirus (COVID-19) is unprecedented and many taxpayers with student loans have been hard hit.

For business owners, succession planning is ideally a long-term project. You want to begin laying out a smooth ownership transition,

The novel coronavirus (COVID-19) pandemic has caused some people to contemplate their own mortality or that of a family member.

The U.S. Senate has passed the bipartisan Paycheck Protection Program Flexibility Act of 2020, which loosens several of the Paycheck