Just about everything can be done online, through email or by teleconferencing these days: filing taxes, requesting a birth certificate, applying for a passport online, as well as many legal services. This is especially helpful when dealing with a situation like the current Covid-19 pandemic where most residents are employing social distancing, working from [...]
When a friend or family member passes away, they may leave behind some of their money or property. This is considered an inheritance. One thing that commonly confuses people is the difference between an inheritance tax and an estate tax. An estate tax is levied on the value of a deceased person’s belongings, properties, [...]
It’s never easy to hear that a loved one has a terminal illness. Even though it’s something most of us will deal with in our lifetime, we’re still shocked every time it happens, and many don’t know what to do next. Here are three things to do when a loved one receives a terminal [...]
Starting a small business is both thrilling and challenging at the same time. You want to make certain you have taken care of all the legal requirements necessary to get off on the right foot to ensure the business is on the path to future success of the business. Here are some things that [...]
One aspect of estate planning that we love is that it gives our clients a plan for things they never even thought they would need to consider. Estate planning isn’t just about doling out checks to loved ones, and it isn’t even just about a living will. What happens if or when we become [...]
It is common practice to revisit an estate plan every three to five years, but it is very important to do so when a life change happens. There are certain life changes that warrant another look at an estate plan. Here is a list of some of the most common to be aware of [...]
With the U.S. Supreme Court’s legalization of same-sex marriage in 2015 came more opportunities for couples in the LGBT community to take advantage of estate planning. With that in mind, it is vital to ensure any estate plans created prior to 2015 be looked at critically to ensure the language is consistent [...]
For many people, owning a business is right up there with owning a home in the list of big dreams. Once the idea for a small business is there, what are the next steps? This uncertainty causes lots of dreams to not be realized or run into trouble. Fortunately, Thornton Law Firm has expertise in [...]
Estate planning is one of those adulting things that tends to be put off by many people. When is the right age to create an estate plan? The right time is as soon as possible, and it should be revisited often as life progresses. Here’s a breakdown of what estate planning goals should look [...]
