Putting off the creation of a last will is a very common behavior, and most people don't want to really think about their own death. Many people will choose to wait until they're ready to retire or even later in life before they sit down to create an estate plan. ...
Working The Puzzle From All The Angles
Month: June 2020
What should you do when you find out you’re being audited?
On Behalf of Demetrius J. Karos, Ltd. | Jun 18, 2020 | Tax Law
When you received a notice that you were going to be audited, you were concerned. While you had filed your taxes in the past several years, you did them yourself. You know that there could be errors to worry about. If an audit has you worried, it may be time to talk...
Beneficiaries? Heirs? Aren’t they the same thing?
On Behalf of Demetrius J. Karos, Ltd. | Jun 7, 2020 | Estate Planning
Not exactly. The difference between a beneficiary and an heir is something that confuses a lot of people, so if you don’t know the difference, you’re definitely not alone. Your heirs are anyone who could potentially receive an inheritance from you after your death. If...