Are you delaying your estate planning because you worry about costs or believe you don’t have enough “stuff” to warrant it? You’re not alone. Many people think estate planning is unnecessary unless you have significant assets. But the truth is, you can’t afford NOT to...
When it comes to securing your legacy and ensuring your loved ones are cared for, estate planning is an essential step that can feel overwhelming. You may be wondering where to start, and that’s perfectly normal. Understanding the key terminology of estate planning is...
Marriage can offer many benefits for estate planning purposes in Nebraska, largely due to the legal and financial protections and privileges granted to married couples under the law. It may not be the most romantic thing ever, but there are benefits to being legally...
What is BOI reporting and how does it affect you? New reporting requirements for most companies, including LLCs and corporations, came into effect on January 1, 2024, as part of the Corporate Transaction Act (CTA). Reports have to be made to the Financial Crimes...
What was the previous system? Iowa had a system that charged an inheritance tax. An inheritance tax is a tax charged to beneficiaries for the right of receiving assets. Iowa’s inheritance tax was imposed on anyone who was going to receive assets, either through a will...
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