What are Buy-Sell Agreements? A Buy-Sell Agreement is a contract that stipulates how a partner’s or member’s share of a business may be reassigned if that partner dies or otherwise leaves the business. Most often, the Buy-Sell Agreement stipulates that the...
Any correspondence from the IRS, regardless of its nature, is a harrowing experience. Never has the IRS put good news in a letter and sent it to a taxpayer. The good news is that there is always a solution, and the first step when receiving a letter from the IRS is to...
In 2011, the IRS issued an IR-2011-20 called “IRS Announces New Effort to Help Struggling Taxpayers Get a Fresh Start”. It is important to note that nothing in the announcement actually acts to reduce your tax liability. The so-called “Fresh Start Program” was merely...
Are you facing the difficult situation of initiating or defending a will contest in Alabama? If so, it may be helpful for you to understand some background information, including the reasons, rights, and steps involved in this complex legal process. Grounds for...
In an ever-changing world, ensuring that your assets are safeguarded and seamlessly transferred is critical. Today, we will discuss multiple advantages a revocable living trust t can provide for you. Whether avoiding probate, maintaining privacy, or designating a...
