https://youtube.com/shorts/6W6Y8ICoaww?si=AGkmHQ2bR_VtCIJW Real estate – What happens if property owners can’t agree to sell or not? At CMS Law Firm we do estate planning and probate, and we do it well. If you need help, we’d love to talk to you about how you can protect your family, protect yourself, and protect your money. Getting started is easy. Just click the link and set up a time for your free strategy session – https://cmslawfirm.com. Talk to you soon!
“How do I sell my real estate in a trust?” It’s a question we get here at least once a week. So I thought I’d talk about it here. And, thankfully, it’s actually a pretty easy process. In fact, selling property in a trust is pretty much EXACTLY like selling a property in your individual name. There are only two minor differences that I’m going to talk about right now. The first difference from a normal transaction is your role…
Hello! I hope you’re doing great. I thought I’d take a minute with this week’s newsletter to share something timely and actionable. THIS IS IMPORTANT if you own an LLC. Last year the federal government passed a new law called the the New Corporate Transparency Act (CTA). The goal with this new law is to combat illicit activity including tax fraud, money laundering, and financing for terrorism by capturing more ownership information for specific U.S. businesses operating in or accessing…
Death – inheritance – rise from the dead – what happens? At CMS Law Firm we do estate planning, we do it well, and we’d love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that’s easy to do. Just click the link and set up a time for your free strategy session – https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes…
Do overseas gifts have to pay gift tax? At CMS Law Firm we do estate planning, we do it well, and we’d love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that’s easy to do. Just click the link and set up a time for your free strategy session – https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate
Last week my dog Piper was put to sleep. He was almost 13 years old. He could barely walk. He had a lot of growths. He was in pain. It was his time. And I’m going to miss him. A lot. But I’m not sad. I’m grateful. He had a wonderful life, and I got to be a part of it. I knew he wouldn’t be around forever. Nothing is. So, instead of grieving, I am celebrating. Celebrating the friend…
This is probably the first of many newsletter editions talking about this. What exactly, am I talking about? The 2026 federal estate tax reversion. What is that? Great question! Here’s the short version: Each of us has a federal estate tax exemption of about 13 million dollars right now (i.e. you only pay tax on your assets OVER $13m); In 2026 this amount is set to revert to the pre-2017 amount (about $6.5m). Pretty straightforward, right? It is, and here’s…
