GPKLEG Blog

A new tax-advantaged way to help children build up savings for the future was created by the One Big Beautiful

Choosing an executor is one of the most important decisions in the estate planning process. This person (or institution) will

If you itemize deductions on your 2025 individual income tax return, you potentially can deduct donations to qualified charities you

An important decision to make when filing your individual income tax return is whether to claim the standard deduction or

Many people think of estate planning as a “one-and-done” task — something you complete and file away. But an estate

If you own a business or are self-employed and haven’t already set up a tax-advantaged retirement plan, consider establishing one

The deadlines for filing 2025 tax returns (or extensions) are fast approaching. Although most tax planning moves must be completed

Irrevocable trusts provide various estate planning benefits, such as reducing estate taxes and helping to ensure assets are distributed as

An advance payment is one received by a business before it provides whatever is being paid for. For federal income

It’s not uncommon for family members to contest a loved one’s will or challenge other estate planning documents. But you

If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income

If you own a business or are self-employed and haven’t already set up a tax-advantaged retirement plan, consider establishing one