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ecall that a trust is a living entity that owns assets and provides how those assets are to be utilized while the beneficiary is alive
Per POMS section on Special Needs Trusts – SI01120.203 – 42 USC 1396p(d)(4)(A) and (C) set forth exceptions to the general rule of counting trusts
A will is a written document expressing your wishes for disposal of your estate and can also name guardians of minor children. It becomes active
A business valuation can serve any of several purposes, but the goal is always the same: to find out the value of your business in
According to consulting firm McKinsey & Company’s annual survey of private markets, businesses raised $7.3 trillion from private markets in 2020, and 61% of those
Most states have a state income tax in addition to the federal income tax, and in some cases, certain localities have their own income taxes
You may need an organ transplant if one of your organs fails or is damaged by disease or injury. In an organ transplant, doctors remove
“What is your exit plan?” Business owners should start asking themselves this question on the day they open their doors. But they don’t. There are
The Social Security Administration reviews key numbers each year and usually makes adjustments. In a recent release, the SSA announced what is and is not
The IRS has announced the new retirement plan numbers for 2022. Retirement limits for 401(k) and similar plans are up. The contribution limit for employees
Ott Law Firm zealously advocates for clients from all walks of life. We use cutting edge technology, litigation savvy and a dedicated strategic vision to