by Peter Moustakis | Jun 19, 2023 | Do it yourself Estate Planning
I’m not a lawyer, but…. I know enough to be dangerous Sometimes there are a lot of people who have different opinions when dealing with the sale of a business. One such example that comes to mind occurred recently, when a CPA almost blew up a business deal because he...
by Peter Moustakis | May 21, 2023 | Probate
What do you mean we have to go through Probate? But Dad had a Will… One of the biggest misconceptions we come across is that probate is not necessary when a person has a Will. Some folks think that you can just show up to the bank with a copy of the Will and the bank...
by Peter Moustakis | Apr 18, 2023 | Uncategorized
Coming Soon … The Corporate Transparency Act and its effect on Small Businesses On January 1, 2021, the United States Congress passed the Corporate Transparency Act (CTA) as part of the National Defense Authorization Act of Fiscal Year 2021. This Act affects mostly...
by Peter Moustakis | Jan 17, 2023 | 2023 Updates
Update In The Law In 2023 the federal gift, estate and Generation Skipping Transfer tax applicable exclusion amounts will increase to $12.92 million per person ($25.84 million for a married couple). It is important to note that there is a sunset provision on this tax...
by Peter Moustakis | Dec 20, 2022 | Uncategorized
If a person is incapacitated and unable to make medical and financial decisions for themselves, the first thing we look at is whether he or she has a Health Care Proxy or Durable Power of Attorney. If so, then those documents control as to who is in charge on making...
