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Protecting Your Business From Personal Legal Liabilities

Most small business owners are aware of the importance of protecting their personal assets from business liabilities.  However, the reverse is just as necessary – protecting your business assets from personal legal troubles. For example, if you are at fault in a serious auto accident that injures

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How to Avoid Family Conflict When Making an Estate Plan

Unfortunately, money has a habit of bringing out the worst in people, even in the best of families.  One of the most important reasons to get your [city/state] estate plan handled is to keep your family out of conflict.  And, yet, without the right counsel, your estate

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Is part time employment included in an Idaho child support calculation?

The Idaho child support guidelines state that additional part time employment is excluded from income for child support calculations if the person can show: “(1) the excess employment is voluntary and not a condition of employment, and (2) the excess employment is in the nature of additional,

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How Your Taxes Will Change in 2013 – In A Nut Shell

The bill approved in Congress to avert the fiscal cliff would bring the first major tax increase on high earners in 20 years. Payroll Taxes Increase to 6.2% from 4.2% (almost a 50% increase) Taxpayers Making $200,000 (Single), $250,000 (Couples) Would See Payroll (Medicare) Taxes Increase an

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Not The End But A New Beginning

In the next two months, those words will ring out in high school graduation ceremonies all across the country. And if you have a high school senior in your home, then chances are that things are about to change dramatically, both for you and your high school

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QTIP Trusts

A QTIP trust, or Qualified Terminable Interest Property trust, is a special type of A/B trust. Have I lost you yet? Not to worry… keep reading! Let’s start at the beginning. An A/B trust is a marital trust system comprised of two trusts, an A trust and

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More About Your Estate Plan

The revocable living trust is the basic building block of most estate plans. It’s the tool that allows your estate to avoid the expense, time consumption, and uncertainty of probate court, and it is the tool that can hold just about any of your assets. While revocable

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Election Year Antics

Welcome to politics in 2012! Did you sign up for what we’re getting in America? In many ways, nobody is happy with the landscape. Most of us—Independents, Democrats, and Republicans alike—are unhappy (or even disgusted) with politics in general. It’s at the point of being most disgruntled,

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Assets Without Physical Form

There’s been a lot written about estate planning in recent years. That’s partially because federal laws on the taxation of estates have changed a lot in the past few years, and they will be up for discussion by Congress again before the end of 2012. Anything being

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Professional Guidance Through a Complex Process

There is a widespread misconception that estate planning is simply a method of directing one’s assets to designated beneficiaries in the event of death. That’s simply too narrow of a view. Estate planning is necessary—crucial in fact–in the event that you become incapacitated or otherwise need a

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