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
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
If you have minor children, choosing a guardian to care for them should you die unexpectedly is one of the
“Tax day” is just around the corner. This year, the deadline for filing 2020 individual tax returns is Monday, May
Now that the federal gift and estate tax exemption has reached an inflation-adjusted $11.7 million for 2021, fewer estates are
Are you thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial
Although much of estate planning deals with what happens after you die, it’s equally important to have a plan for
Even though the federal gift and estate tax exemption is currently very high ($11.7 million for 2021), there are families
President Biden recently announced his $1.8 trillion American Families Plan (AFP), the third step in his Build Back Better policy
President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact
President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact
One advantage of inheriting an IRA from your spouse is that you’re entitled to transfer the funds to a spousal
If you have a life insurance policy, you may want to ensure that the benefits your family will receive after
Are you considering buying or replacing a vehicle that you’ll use in your business? If you choose a heavy sport