September 30th, 2014

Latest Articles

Medicaid Planning with the Family Farm or Cottage

Medicaid Planning with the Family Farm or Cottage In the not too distant past, the largest obstacle to passing property to the next generation was estate and inheritance taxes, now those taxes are nearly non-existent. Last year, effective January 1, 2013, the Indiana inheritance tax expired, and for tax year 2014, a decedent can have up to $5.34 million before the estate tax is imposed. So, unless...

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Joint Ownership of Real Estate: What’s an LLC Got to Do with it?

Joint Ownership of Real Estate: What’s an LLC Got to Do with it? When owning real estate with other persons, whether they be family or business partners, knowing how to manage that real estate and the expectations of everyone involved is key. Owning real estate jointly presents some unique challenges, such as paying for the costs involved with the ownership, i.e. taxes, maintenance and upkeep, ins...

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