Decanting a Trust
Decanting a trust is the act of distributing assets from an old, irrevocable trust to a new one with more favorable terms. There are [...]
1031 Exchange Update
Reverse Exchange. Under IRP Procedure 2000-37 a replacement property may be closed before a replacement property under a safe harbor reverse exchange. An exchange accommodation [...]
Intestate Succession
When a person dies without a will, intestate, their estate will be distributed according to the controlling state's laws of intestacy. Per Stirpes. According [...]
Social Security Benefits
You can retire between 62 and your full retirement age (FRA). Your FRA depends on the year you were born, and varies from 62 [...]
See Through Trusts
The advantages of using a trust as a designated beneficiary of an IRA (or creating a See Through Trust) are that they allow spendthrift, [...]
1031 Exchanges and RP Partnerships – Swaps and Drops
The IRS allows Partnerships or LLCs to defer the recognition of gain in the exchange of property of like kind. However, where two partners [...]