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

Planning your estate around specific assets is risky and, in most cases, should be avoided. If you leave specific assets

Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year.

Spring and summer are the optimum seasons for selling a home. And interest rates are currently attractive, so buyers may

Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your

Life presents us with many choices: paper or plastic, chocolate or vanilla, regular or decaf. For businesses, a common conundrum

Many employers prefer to classify workers as independent contractors to lower costs, even if it means having less control over

While the number of plug-in electric vehicles (EVs) is still small compared with other cars on the road, it’s growing

When people hear the term “forensic science,” they usually think “CSI.” What comes to mind when you hear the term

The gift and estate tax exemption is higher than it’s ever been, thanks to the Tax Cuts and Jobs Act

In the course of operating your business, you probably spend time and money “wining and dining” current or potential customers,

Unforeseen disasters happen all the time and they may cause damage to your home or personal property. Before the Tax

Here’s a fast fact: The percentage of U.S. children who live with an unmarried parent has jumped from 13% in

Nearly everyone owns at least some digital assets, such as online bank and brokerage accounts, bill-paying services, cloud-based document storage,

If you have adopted children or unadopted stepchildren, estate planning is critical to ensure that your property is distributed the

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for

A widely circulated article about the COVID-19 pandemic, written by author Tomas Pueyo in March, described efforts to cope with

You may think of trusts as estate planning tools — vehicles for reducing taxes after your death. While trusts can

The extended federal income tax deadline is approaching. The IRS postponed until July 15 many payment and filing deadlines. The

The IRS and the U.S. Treasury had disbursed 160.4 million Economic Impact Payments (EIPs) as of May 31, 2020, according

As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain

Are you a multitasker? If so, you may appreciate an estate planning technique that can convert assets into a stream

The COVID-19 crisis is affecting not only the way many businesses operate, but also how they assess productivity. How can

The annual gift tax exclusion allows you to transfer up to $15,000 per beneficiary gift-tax-free for 2020, without tapping your

The CARES Act was enacted in an attempt to mitigate the economic effects of the COVID-19 pandemic. Among other things,