Consultation Request – Thank You2023-10-29T17:40:00-04:00

The Pitfalls of Corporate Ownership of Real Estate

Owning real estate through a corporation, be it a C corporation or an S corporation, might seem like a prudent business strategy at first glance. However, this method of holding property can introduce a range of complex and often disadvantageous [...]

Inherited Retirement Accounts: Minimizing Tax Consequences

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, which went into effect in 2020, changed how beneficiaries of inherited retirement accounts must withdraw these funds. The Act’s passage made it more difficult for individuals to pass their retirement [...]

Medicaid Asset Protection Trusts (MAPT) in Long-Term Care Planning

Medicaid Asset Protection Trusts (MAPTs), also known as Medicaid Planning Trusts or Home Protection Trusts, offer a crucial planning strategy for individuals seeking Medicaid coverage but having excess assets. These specialized trusts provide a means for Medicaid applicants to protect [...]

Mitigating the Impacts: Sunsetting the Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act (TCJA) took effect on Jan. 1, 2018, and impacted personal income taxes, small businesses, estate tax rules, capital gains rules, special needs accounts, and much more. The TCJA is scheduled to sunset at the end of [...]

What Is a Medicare Flex Card?

Some Medicare Advantage beneficiaries receive Medicare flex cards, pre-paid debit cards for qualifying expenses, as part of their benefits. The U.S. government does not issue Medicare flex cards. This benefit is only available on select Medicare Advantage plans, a private [...]

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