January 1, 2026 is a pivotal date in estate planning as the federal gift and estate tax exemption, presently at $12.92 million ($25.84 million for couples), is slated to drop to $5 million ($10 million [...]
A living trust can be a significant legal tool in estate planning to facilitate the smooth transfer of assets after the grantor's death. This legal arrangement is established during the grantor's lifetime, with assets being [...]
Prioritizing business planning and estate planning as an owner are often overshadowed by more immediate concerns of the company. However, understanding the implications of your incapacity or death on your business is a crucial responsibility. [...]
The Internal Revenue Service (IRS) has recently disclosed the annual inflation adjustments for the year 2024, affecting the lifetime estate and gift tax exclusion as well as the annual gift tax exclusion, among other parameters. [...]
The existing federal gift and estate exemption thresholds remain in effect until the conclusion of 2025, but there are motivations to review your estate and tax plans earlier. Starting on January 1, 2026, the present [...]
As a parent, the drive to protect your child never goes away. However, when you child reaches the age of 18, you no longer have legal authority to access their protected records, including medical, financial, [...]
Beginning on July 1, 2023, Georgia has a new probate law (O.C.G.A § 53-5-8) which enforces additional requirements for Executors. The law commands that an Executor that has been appointed to send a notice of appointment to [...]
While estate planning may seem like a faraway concern for high school grads, getting a head start brings significant advantages. Obstacles in the future can be avoided by safeguarding personal property and designating representatives [...]
It is with great pleasure that we announce the merger of Burkhalter Law and De la Cruz Law, effective immediately. De la Cruz Law specializes in Estate Planning and Elder and Small Business law. [...]
When parties enter into a contract, they generally focus on a positive business relationship rather than anticipate a party may breach the contract and require litigation. As a result, parties may overlook including a [...]
According to a recent survey outlined in an article by CNBC, only 33% of Americans have a will, living trust, or other end-of-life document prepared. Getting started on an estate plan is easy and [...]
