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

Perhaps. It depends on several factors, such as your parent’s income and how much financial support you provided. If you

For a variety of estate planning and asset management purposes, many affluent families hold their assets in trusts, family investment

A financial power of attorney — sometimes called a “power of attorney for property” or a “general power of attorney”

  Whether you had a child in college (or graduate school) last year or were a student yourself, you may

Gerson Preston’s Partner Steven Klein and Mr.Nicolo’ Fabbrizio led a panel discussion on US tax reform and its potential implications

“How much money did Jeffrey Loria make from the Marlins? County wants his tax returns.” Melisse Burstein, a forensic accountant

Whether you’re claiming charitable deductions on your 2017 return or planning your donations for 2018, be sure you know how

If your estate plan includes one or more trusts, you may have a good reason for wanting to keep them

The “sandwich generation” accounts for a large segment of the population. These are people who find themselves caring for both

For some business owners, succession planning is a complex and delicate matter involving family members and a long, gradual transition

Tax credits reduce tax liability dollar-for-dollar, potentially making them more valuable than deductions, which reduce only the amount of income

  As a business owner, you know that it’s easy to spend nearly every working hour on the multitude of

Fall is in the air and that means it’s time to turn your attention to year-end tax planning. While several

There are good reasons why estate planning advisors recommend you revisit and, if necessary, revise your estate plan periodically: changing

Despite what you might think, estate planning isn’t limited to only the rich and famous. In fact, your family is

Let’s say you’re charitably inclined but have concerns about maintaining a sufficient amount of income to meet your current needs.

The U.S. Department of Labor (DOL) has released the finalized rule on overtime exemptions for white-collar workers under the Fair

The Tax Cuts and Jobs Act (TCJA) created a new general business tax credit for certain businesses that grant their

As an employer, you must pay federal unemployment (FUTA) tax on amounts up to $7,000 paid to each employee as

Traditional and Roth IRAs can be powerful estate planning tools. With a “self-directed” IRA, you may be able to amp

Earlier this year, the IRS published a proposed safe harbor giving owners of certain rental real estate interests the opportunity

As we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved

As we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved

Fewer people currently are subject to transfer taxes than ever before. But gift, estate and generation-skipping transfer (GST) taxes continue