LIFE INSURANCE AND ESTATE PLANNING
Has anyone told you that life insurance plays an important role in your estate planning strategy? It certainly can. Many people have used life insurance to preserve the value of their estate, provide for their dependents or cover taxes, debts and other costs in the event of their death. Providing Liquidity for Expenses Life insurance…
Read MoreReal Estate Developers: Considered Estate Planning?
Real Estate Developers: Estate Planning or Integrated Planning in Real Estate Development Land Developers and Real Estate Developers have to plan a lot, but how often do they consider estate planning in their business plan? At Durfee Law Group, estate planning for our clients often includes business and tax planning. These items all together make…
Read MoreOPPORTUNITY ZONES DURING COVID-19
What Are Opportunity Zones? Opportunity Zones (OZ) are part of the 2017 Tax Cuts and Jobs Act. Congress introduced Opportunity Zones as an innovative approach to spark long-term private investments in low-income communities. They used tax relief as an incentive for individuals to invest capital gains income. Relief comes in the form of deferral, reduction,…
Read MoreSustainable Distributions
Sustainable Distributions: How to Make Wealth Last and Grow The United Nations has promulgated 17 Sustainable Development Goals. Broadly speaking, these inter-related goals address global issues such as poverty, inequality, climate change, environmental degradation, peace, and justice. This is a model for other human endeavors including trusts or charitable organizations intended to last a long…
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