Estate Tax Revision
Do Fences Really Make the Best Neighbors?
Effective today, the New York State Estate Tax exclusion amount has been increased to $4,187,500.
Ready to Sell?
The new vinyl fence you picked out at the super-store will provide you with privacy and keep your children safe as they play in the backyard, right? While fences are not a bad thing, their installation is extremely important.
Title Insurance Rate Calculator
With the onset of Spring, real estate listings typically increase. If you are planning on listing your house, here are some things you can do to make your transaction smoother once you have a contract.
What is TRID?
We previously published a post with a link to a title insurance rate calculator. We thought it might be helpful to re-publish so that it can be readily accessed:
Forming a Limited Liability Company
So you are looking to buy a house and weighing your financing options. The words you often hear are something like "the rules recently changed and TRID applies now".
New Year, New Entity
A limited liability company (LLC) is similar to a corporation because it shields the members from the liabilities of the business like a corporation shields the shareholders from the liability of the corporation.
Happy New Year!
Now that the holiday season has passed, it is a good time to review your business. If you are still operating your business under a DBA, now is a good time to discuss protecting your personal assets from claims associated with your business.
It is that time of the year: New Year's Resolution time. If updating your estate plan is a New Year's Resolution, please let us know.
2016 IRS Estate Tax Rate Change
Wishing everyone a very happy holiday season.
The IRS recently announced the updates to the federal estate and gift tax rates for 2016. Under federal law, the rates are tied to inflation and are reviewed annually for changes.