GPKLEG Blog

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

The gift tax annual exclusion allows you to transfer up to $19,000 (for 2026) per beneficiary gift-tax-free, without tapping your

Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes

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

A Crummey trust provides a key tax benefit of an outright gift without some of the downsides. Although the mechanics

The IRS is opening the filing season for 2025 individual income tax returns on January 26. This is about the

Now is a good time to review your business’s expenses for deductibility. Accelerating deductible expenses into this year generally will

Planning for the end of life is never easy, but including your funeral and memorial wishes in your estate plan