If you have an incapacity plan, it’s critical to understand what you’ve included and if there is any room for improvement. Conversely, if you don’t have an incapacity plan, now’s the time to take action. Neglecting to do so puts you at risk if you ever become incapacitated and unable to manage your own affairs. … Read more
If you set up a trust or other investment vehicle for your child, that child could incur taxes at a rate much higher than anticipated. The Kiddie Tax was enacted to prevent parents from transferring investments to the name of their child or children to take advantage of that child’s lower tax rate. Read on to learn more.
Compliments of the McGee Law Firm, Attorney Brandon McGee There is a game that most of us have played before, whether around the campfire or in some other setting: “Telephone.” In this game, you tell a story to the first person who repeats it to the next, and so on, until the story makes it … Read more
Compliments of the McGee Law Firm, Attorney Brandon McGee Bill Gates, Warren Buffet, and J.R. Simplot are names which have become synonymous with success. Bill Gates founded Microsoft Corporation and became a multi-billionaire at a very young age. Warren Buffet is known as the “Oracle of Omaha” and is known for his value-based approach to … Read more
Compliments of the McGee Law Firm, Attorney Brandon McGee Estate Planning is a complex area because it deals with so many different issues, from asset protection to taxation and almost everything in between. There are various different legal strategies and tools that have been regularly utilized to assist in reducing the value of the estate … Read more
Compliments of the McGee Law Firm, Attorney Brandon McGee Grandparents love spending time with their grandchildren. If you meet a grandparent, they may break out the photos of their grandchildren, or of the day they spent at the zoo or lake. You and your grandchildren have given each other precious memories, like walking hand in … Read more
Thanksgiving is a time for giving thanks and for appreciating your family and friends. In particular, it can be a good time to thank those people whom you’ve asked to serve in important roles in your estate plan. Thank your agents under your powers of attorney and your successor trustees.
Compliments of the McGee Law Firm, Attorney Brandon McGee Most every parent wants to treat their children fairly and equally. But, that may not always be exactly the same. You know the battles that you’ve fought over this. Susie is a few years older than Kyle and Jamie. Occasionally, maybe you let Susie stay up … Read more
Compliments of the McGee Law Firm, Attorney Brandon McGee Recently, there has been tremendous turmoil in financial markets and financial institutions. This leads many to ask whether their accounts are safe. Now, more than ever, it is important to protect yourself and your loved ones from the uncertainties in the world. You can start with … Read more
What happens when an individual who is not licensed to practice law provides advice to an individual – does the quality of the advice matter if the individual is unlicensed? This article explores the unauthorized practice of law and how it damages the legal profession.