Estate Planning and Your Obituary

Estate planning must involve every aspect of your estate.  As a result, I recommend that you prepare your obituary in advance.  It will make things easier on your family later.  As you prepare the obituary, keep in mind identity thieves.   Identity thieves regularly scan the obituaries. They

Durable Power for Healthcare

Too Bad Liliane Bettencourt didn’t have one of these! You may have read that Mrs Bettencourt’s lawyer plans to appeal the decision, but for now Liliane Bettencourt wealth and property is being controlled by her daughter Francoise Bettencourt-Meyers. Mrs. Bettencourt and her daughter have been involved in a very public feud over the fate of […]

Durable Power for Healthcare

Too Bad Liliane Bettencourt didn’t have one of these! You may have read that Mrs. Bettencourt’s lawyer plans to appeal the decision, but for now her wealth and property is being controlled by her daughter Francoise Bettencourt-Meyers. Mrs. Bettencourt and her daughter have been involved in a

What is an LLC Tax Election?

An LLC tax election is how you tell the IRS how your LLC will be taxed.  The federal government does not recognize an LLC as a classification for federal tax purposes, so you have to make an election on how your LLC will be taxed, i.e.  a