Many of the rules governing retirement accounts have changed over the last few years. Now, more changes have arrived or are on the way. Required Minimum Distributions Return In 2021 The Coronavirus Aid, Relief and Economic Security Act, passed in…
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Tony Hsieh, founder of online shoe retailer Zappos, died the day after Thanksgiving at age 46. He died without an estate plan. His life, marked by enormous business success and wealth, was marred by drug addiction and mental illness. His…
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Movie financier Steve Bing died June 22, 2020 when he threw himself off the 27th floor balcony of his Los Angeles apartment building. He was 55. Bing’s life was one of wealth and celebrity, vastly different from the lives most…
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The federal estate and gift tax has long been the cause of confusion, due in part to frequent changes in the law over the past decades. Whether you have an estate plan in place or are just embarking on your…
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How can you protect yourself from exploitation and financial abuse if you become incapacitated? These crimes can be hard to spot. After all, perpetrators go to great lengths to present themselves as helpers, not hustlers. Fortunately there are steps you…
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Most parents do their best not to favor one child over another. That’s the case when the kids are young, and continues when they are grown. So when you are planning your estate, you probably want to be fair when…
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For most people, the ultimate goal of estate planning is to promote family harmony. If your family members get along well, you want your plan to encourage more of the same. If they don’t, you want to avoid adding more…
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Do you have married children? Are you thinking about your estate planning? If the answer to both is yes, one of your goals is probably making sure your hard-earned assets end up with your own grandchildren should your child get…
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Do you have an estate plan that protects your minor child if you pass away? It’s essential that you do. If nothing else, this pandemic has demonstrated that no one is immune. Hopefully you will be around a long time…
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UPDATE: June 29. 2020: Our plans to re-open our physical offices have been postponed due to the recent surge in coronavirus cases. Please check back at this website, where we will announce the new re-opening date. The Karp Law…
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