Are You REAL ID Ready? Make Sure You’re Cleared for Takeoff Before May 7, 2025 Planning a trip in 2025? There’s an important travel update you need to know: starting May 7, 2025, most travelers aged 18 and older will need a REAL ID-compliant driver’s license or ID to board domestic flights and…

Introduction Estate planning, a topic often associated with legal documents, financial assets, and inheritances, might not immediately conjure thoughts of delectable desserts. However, when you delve deeper, you’ll discover a surprising connection between the art of creating delicious treats and crafting a comprehensive estate plan. Just as a dessert is…

Beginning February 16, 2021, only the first $1,000,000 of taxable value can be excluded from reassessment of a transfer of a principal residence by a parent to a child. Additionally, the child must use the home as their principal residence immediately following the transfer. Let’s look at an example: Henry…

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