Glenn FormanLiving Together But Unmarried: Can A Special Trust Protect You?Forbes - Martin ShenkmanLots of people live together outside of marriage. And as marriage rates have declined, cohabitation rates have risen. While you might have love in your eyes, cohabitation can bring tax and legal risks. Perhaps a somewhat unusual, yet simple and inexpensive, application of an irrevocable trust might …
Glenn FormanI Used to Be a Lawyer for the IRS. Here Are the 7 Big Ways Regular People Get in Trouble on Their Taxesverified_publisherInc Magazine - Bill Murphy Jr.'I had a great day today: I got a letter from the IRS!' said nobody, ever, in the entire history of the United States. Long before I was a professional writer, I was a government tax lawyer. I worked for years as a trial attorney for the U.S. Department of Justice, Tax Division in Washington, D.C., …
Glenn FormanChatGPT Is Scarily Good At Answering Legal QuestionsAbove the Law - Jordan RothmanAdvances in artificial intelligence might be able to make lawyers even more efficient in their jobs. A month or two ago, I heard about a new …
Glenn FormanTop Duties of an Estate Executor and How to Carry Them OutTheStreet - Mark ColganLearn the 5 duties of an Estate Executor and their corresponding actions from our expert. By Mark Colgan, CFP The main responsibility of an executor of …
Glenn FormanSwitching From a Sole Proprietorship to an LLC: When and Why to Do Itverified_publisherInc Magazine - Carrie McKeeganUpdating your business structure could help you save on taxes while reducing your risk. Most solopreneurs start as sole proprietorships. Of the four main types of business structures in the US, sole proprietorships make up 86.6% of small businesses without employees. One of the reasons sole …
Glenn FormanIt’s ‘Super-Easy’ to Set Up a Revocable Living Trust. Here’s What to Know.Barron's - By Nick Fortuna Barron's Retirement readers wanted to know how to set up a revocable living trust and the impact of an ex-spouse's claims on Social Security benefits.