Blog Archive
Arizona estate planning attorney Allison L. Kierman provides the below information, updates and resources for clients. If you have any questions regarding this information, would like Allison to speak before your organization or at your office, or would like Allison to write an article for your newsletter, paper, or magazine please contact us.
Lifetime QTIP Trusts – The Gift That Keeps Giving
Estate planning for married couples can be tricky when one spouse is significantly wealthier than the other, and each spouse wants different beneficiaries to ultimately inherit their estate. One solution …
Myths and FAQs in Asset Protection Planning
Myth: Asset protection planning is just for the wealthy or those with high-risk jobs, like doctors or lawyers. Asset protection planning is for everyone. If you engage in any activity …
3 Asset Protection Tips You Can Use Now
A common misconception is that only wealthy families and people in high risk professions need to have an asset protection plan. But in reality, anyone can be sued. A car …
SECURE Act Tax Reforms
Get to Know the Secure Act Written by Allison Kierman and Matt Wochos On December 20, 2019, President Trump signed the Setting Every Community Up forRetirement Enhancement Act (SECURE Act). …
10 Types of Trusts: A Quick Look
Considering the myriad of trusts available, creating the right estate plan can seem daunting. However, that is what we, as estate planning attorneys, do every day. We know the laws …
Wills vs. Trusts: A Quick & Simple Reference Guide
Confused about the differences between a will and a trust? If so, you are not alone. While it is always wise to contact experts like us, it is also important …
Wills, Trusts & Dying Intestate: How They Differ
Most people understand that having some sort of an estate plan is a good thing. However, many of us do not take the first steps to get that estate plan …
What Records Do Small Businesses Need to Keep for Taxes?
Written by Allison Kierman and Jeff Chirico Tax season is just around the corner, so now is a great time to make sure that you are retaining all the documentation …
Understanding How LLC Members Pay Taxes
Written by Allison Kierman and Jeff Chirico Limited liability companies (LLCs) are one of the most popular types of business entities. The LLC’s flexible taxation options are one reason it …
What Charitable Giving Means for Your Taxes
With less than three months until the end of the year, it is time to start thinking about strategic moves you can make to optimize your tax filing for 2020, …