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WHAT IS A GENERATION SKIPPING TRUST?

WHAT IS A GENERATION SKIPPING TRUST?

A SHORT EXPLANATION OF THE TRANSFER TAX SYSTEM Have you heard of a Generation Skipping Trust before?  Have you been told that it’s a trust that will cut out your children from your inheritance and leave everything to your grandchildren?  That’s what the name sounds...
WHICH BUSINESS ENTITY IS RIGHT FOR ME?

WHICH BUSINESS ENTITY IS RIGHT FOR ME?

WHICH BUSINESS ENTITY IS RIGHT FOR ME? Last month I wrote about why every American should start a small business—even if it’s just setting up a lemonade stand or buying a condo to rent to tenants. I explained how there are significant tax benefits to business owners...