The TrustPoint Blog
Back to School: Estate Planning for Adult Children
If you are gearing up to send your son or daughter off to college this fall, you may want to consider adding an estate plan to the back to school to-do list.
Labor Law Compliance Poster Notice – This is a Solicitation
If you recently formed a business entity in the State of Texas, you may have received a “Labor Law Compliance Poster Notice” or something similar in the mail. The letter is likely a solicitation and not official correspondence.
The FORT Podcast: Ryan Heath Sits Down with Chris Powers to Discuss Estate and Business Succession Planning
Founding Attorney Ryan Heath sat down with Chris Powers on The Fort Podcast to discuss everything from the basics of estate planning to the complexities of business succession idea.
Bank Account Designations for Estate Planning Purposes
Bank accounts can be set up in various ways. This article briefly describes a few of the potential designations a bank account may have and how they impact the distribution of the account upon the account owner’s death.
Transferring Carried Interests One Vertical Slice at a Time
There can be a tremendous upside for folks involved in private equity deals who hope to transition wealth to the next generation. However, it’s not surprising that these transfers likely involve significant estate and gift tax implications. One way to bear the tax brunt is to implement the Vertical Slice, a more tax efficient approach used to transfer various business interests.
The Corporate Transparency Act: Is It Too Late to Call Your Congressman?
The Corporate Transparency Act passed by Congress in January 2021 will take effect on January 1, 2024 and will impose additional reporting requirements on businesses. Read on to learn how the Corporate Transparency Act may impact you and your business.
Are You FDIC Insured?
With the recent volatility in the banking sector, concerns are rising regarding the security of large deposits in certain banks. The Federal Deposit Insurance Corporation (“FDIC”) insures deposits against bank failures but only up to certain limits.
Estate Planning Recommendations Based on Net Worth
Estate Planning Recommendations Based on Net Worth
Are You Protected This Hunting Season?
Learn more about the Texas Agritourism Act and see how our Landowner Tool Kit can help you identify and protect against the risks associated with the use of your property for agritourism activities.
End of Year Estate Planning Overview
2022 has flown by. Do you need to update your estate plan before the end of the year? These are the estate and gift tax considerations to keep in mind as we head into the new year.
Employee Equity Options
There are various forms of employee equity that business owners can choose from. Here, we discuss several options that take into account certain tax concerns of closely-held private companies.
Employee Equity Tax Implications
Granting employees equity in a company is a tool many business owners may consider to retain and reward top talent. If this is something you are contemplating, here are some important tax implications to think about before acting.
Employee Equity Considerations: 10 Practical Tips
Prior to giving employees equity in a business, business owners should consider long term goals, tax consequences, and alternative motivational strategies.
Off to College: Adding an Estate Plan to the Back to School Checklist
As adult children go off to college, estate planning should be top of mind for parents.
10 Issues to Consider When Choosing a Guardian for Your Minor Children
Designating a guardian for your minor children can be difficult. In this blog post, we provide 10 issues to keep in mind when making this important decision.
End of Year Estate Planning Opportunities
The upcoming 2020 election has raised concerns that the historically high federal lifetime gift and estate tax exemption amount ($11.58mm per person or $23.16mm per married couple) may be significantly reduced if Democrats seize control of the White House or Congress. With this is mind, there are some end-of-year estate planning strategies that can be utilized to take advantage of the high exemption amount currently in place.