by hoodlawkc | Estate Planning
Owners of retirement accounts need to be cognizant of the impact of a divorce or annulment from a spouse who is a named beneficiary. In the absence of a change of beneficiary designation removing the former spouse as a named beneficiary, depending upon the type of...
by hoodlawkc | Tax Planning
A frequently asked question in our law office is whether a client can deduct certain legal expenses. The answer is more complicated than you might think. In most cases, the answer boils down to whether the expenses can be considered personal, or emanate from a trade...
by hoodlawkc | Business Planning, Business Law
Earlier this year, the Supreme Court of the United States rendered an Opinion in Daimler AG v. Bauman, ____ U.S. ____, 134 S.Ct. 746 (2014), that came as something of a surprise for those familiar with the facts and procedure of the case and that may constitute a sea...
by hoodlawkc | Estate Planning
Inheriting an IRA can be a great financial silver lining to the otherwise very sad passing of a relative, but you should be aware that a recent unanimous Supreme Court decision puts inherited IRAs very much in jeopardy in bankruptcy proceedings. ERISA plans are...
by hoodlawkc | Estate Planning
You may be familiar with traditional estate planning techniques like establishing a revocable trust or executing durable powers of attorney for property or healthcare decisions. These are extremely important documents and we would be happy to assist you with any...
by hoodlawkc | Probate, Estate Planning
Frequently, people die who have done no estate planning, or their estate planning did not fit their various situations. Because of this, they may have been unsuccessful in achieving one of the chief goals of estate planning: the avoidance of probate. Probate can be...
