You may have heard of a living trust that’s created while you are still alive. It can be set up as a revocable trust, permitting you to change the terms of the trust or to

Internal Revenue Service authorizes the use of a cost segregation study for reclassifying portions of a commercial building from real property to personal property and, in the process, allowing assets to be depreciated on a

There are myths and misconceptions about estate planning. Here are the top common mistakes to avoid and help your family save thousands of dollars in unnecessary taxes and probate fees: 1.Beneficiary omissions — Not naming

Has your property tax bill increased significantly? Do you think you may have grounds for an appeal, particularly if the increase seems out of line with overall appreciation in your area? Property tax rules and

The physical and financial health challenges caused by the COVID-19 pandemic gave us time to rethink our priorities and expectations. Estate planning is one area that has received a lot of attention, and for good

Risk management should be a part of any long-term estate plan, especially when a plan is expected to cover several generations. Multigenerational clients tend to be more concerned with preserving wealth than taking risk on

Property taxes are a major source of income for city, county and state governments. The tax is derived from a percentage of the assessed value of a property, true, but the municipality also determines how

During the COVID years, every real estate sector faced its own set of ups and downs. But now, they’ve come together on one issue: tweaking their debts. A survey by BDO shows that each sector