Explore the impact of the IRS Revenue Ruling 2023-2 on estate planning and irrevocable trusts in our latest blog post. Attorney Andrew Bethel from Bethel Law delves into the intricacies of this ruling, offering valuable insights for families and individuals relying on these trusts for asset protection and tax benefits. Understand the key changes and how they may affect your estate planning strategies.
Read MoreExplore the complexities of IRA beneficiary designations and creditor protection in estate planning. This detailed guide by Bethel Law offers insights into using trusts, particularly Irrevocable IRA Trusts, for asset protection and flexibility. Understand the legal context and specific use cases to make informed decisions for your estate.
Read MoreExplore the intersections of charitable giving and estate planning in our detailed article. Discover traditional methods and innovative approaches, including revocable living trusts and specialized charitable trusts. Learn about the Inland Empire Ronald McDonald House and how your legacy can continue to support vital community causes.
Read MoreBethel Law explores the complexities of managing trusts and inherited properties. From understanding trust duration and tax implications to the challenges of renting out inherited properties, get insights to navigate these intricate legal territories.
Read MoreExplore the intricacies of Crummey Trusts with Bethel Law and learn how they can benefit your estate planning through tax-efficient gifting. This comprehensive guide covers everything from the basics of trusts to the strategic use of Crummey Notices for maximizing your annual gift tax exclusion.
Read MoreExplore the critical aspects of inherited IRAs, including the SECURE Act's implications, trust-related regulations, and tax considerations. This detailed guide provides essential insights for effective estate and retirement planning.
Read MoreExplore the intricacies of Crummey Trusts with Bethel Law and learn how they can benefit your estate planning through tax-efficient gifting. This comprehensive guide covers everything from the basics of trusts to the strategic use of Crummey Notices for maximizing your annual gift tax exclusion.
Read MoreExplore our detailed guide on the Corporate Transparency Act (CTA), outlining its impact on small businesses, beneficial ownership requirements, compliance deadlines, and the significance of adhering to these new regulations for corporations, LLCs, and LLPs.
Read MoreDiscover key insights and strategies for maximizing your retirement savings in 2024. This comprehensive guide covers the latest contribution limits for IRAs, Roth IRAs, and other retirement plans, along with practical tips for efficient financial planning.
Read MoreDiscover the essential updates to gift and estate taxes for 2024. This detailed guide by Bethel Law covers the new annual and lifetime gift tax exclusions, estate tax exemptions, state-specific considerations, and the impact of marital status on tax planning. Stay informed for effective financial decision-making.
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