Power of Attorney – Obtaining Power Beyond Your Trust A “power of attorney” is a powerful legal tool. In fact, when clients hear about a power of attorney, they often question the need for a living revocable trust and a will. They get the impression everything can
I have been getting a lot of questions asking about how to zero out a trust. When you zero out a trust, you remove all of the income from the trust, so that there is no taxable income held by the trust. A trust with taxable income
This article is written by Mike Stevens, President of Capital Wealth Advisors. While many resolved that 2016 would be a year of success, the markets seemed to have a mind of their own. In early January, investors helplessly watched the stock market put in its worst opening
This article is written by Ben Rucker, a former special IRS auditor. He worked with me in writing Advanced Tax Tactics. Lately I’ve been getting a lot of questions about tax penalties. Many taxpayers are surprised to find that they are charged multiple penalties and interest each
