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

Gerson Preston Features Partner Stuart Rohatiner at University of Miami’s April 2018 event “It is All About the U”. Photo

Gerson Preston Features Partner Stuart Rohatiner who spoke at the recent University of Miami Global Entertainment and Sports 2018 Conference.

Classifying workers as independent contractors — rather than employees — can save businesses money and provide other benefits. But the

A traditional trust can sometimes create a conflict between the lifetime and remainder beneficiaries. For example, investment strategies that provide

The Treasury Department and the Internal Revenue Service (IRS) today provided additional guidance (Notice 2018-13) for computing the “transition tax”

IRAs and employer-sponsored plans such as 401(k)s are powerful retirement savings tools, but they also provide valuable estate planning benefits.

If your organization offers a 401(k) plan, you’re probably aware that you can lay down some rules regarding when participants

We live and work in an era of big data. Banks are active participants, keeping a keen eye on metrics

Enjoying the beauty of our new mural, celebrating the rich history of our firm, as the sun rises early morning

IRS ending amnesty for taxpayers with secret foreign bank accounts | Gerson Preston The IRS is ending a program that

Florida Passes New Tax Rate Reductions for Commercial Properties | Gerson Preston Florida decreases the sales tax rate on real

Normally when appreciated business assets such as real estate are sold, tax is owed on the appreciation. But there’s a

If your estate plan includes one or more trusts, review them in light of income taxes. For trusts, the income

Families who wish to give to charity while minimizing gift and estate taxes should consider a charitable lead trust (CLT).

Some people make video recordings of their will signings in an effort to create evidence that they possess the requisite

You’d be hard pressed to find a company not looking to generate more leads, boost sales and improve its profit

It can be difficult in the current job market for students and recent graduates to find summer or full-time jobs.

If you recently filed for your 2016 income tax return (rather than filing for an extension) you may now be

Income and losses from investment real estate or rental property are passive by definition — unless you’re a real estate

A potential downside of tax-deferred saving through a traditional retirement plan is that you’ll have to pay taxes when you

For many, an important estate planning goal is to encourage their children or other heirs to lead responsible, productive lives.

If you’re interested in lending money to your children or other family members, consider establishing a “family bank.” These entities

Every company has at least one owner. And, in many cases, there exists leadership down through the organizational chart. But

Many companies take an ad hoc approach to technology. If you’re among them, it’s understandable; you probably had to automate