Month: <span>December 2021</span>

Every year we receive telephone calls from people who own property that is titled in a trust or are the trustees of trusts that own property. Often, they have either already sold the property or are contemplating its sale. The purpose of this article is to alert readers to the importance of understanding the trust...

As you may recall, we discussed the proposed changes to the tax code in the second quarter edition of A Step Ahead. The focus of that article was the significant change that was anticipated in the way that capital gains will be taxed. Under the current rules, capital gains are taxed when there is a...