I would not have believed it if I didn’t hear it with my own ear. The Colorado General Assembly considered taxing residential property as commercial if that residential property was held in an LLC or other entity. This would result in about a 400% increase in property tax. For now, the proposal did not make […]
Hold on to your hats because this is a tough subject. If your estate plan involves irrevocable trusts, understanding how long-term capital gains are taxed inside the trust is important. In general, federal income taxation is segregated into three broad categories: income, short-term capital gain, and long-term capital gain. An example of income would be […]
https://www.douglasturner.com/wp-content/uploads/2021/09/Irrevocable-Trust-Taxation.jpg8001200adminhttps://www.douglasturner.com/wp-content/uploads/2019/02/douglas-turner-logo-2019.pngadmin2021-09-29 06:38:322021-09-29 06:40:24Taxation of Trust Capital Gains
https://www.douglasturner.com/wp-content/uploads/2021/05/Lease-guarantees-and-other-agreement.jpg488872adminhttps://www.douglasturner.com/wp-content/uploads/2019/02/douglas-turner-logo-2019.pngadmin2021-05-19 04:45:032021-05-19 04:59:23Lease Guarantees and Other Agreements
Worried About A Child’s Inheritance in a Divorce? Think Inheritance Trust. In 2019 the U.S. marriage rate for women was 16.3 per 1,000 women 15 years or older. The divorce rate was 7.6. For those wondering why women and not men, according to the U.S. Census bureau, women are a better and more accurate source […]
https://www.douglasturner.com/wp-content/uploads/2021/05/Childs-Inheritance.jpg5941200adminhttps://www.douglasturner.com/wp-content/uploads/2019/02/douglas-turner-logo-2019.pngadmin2021-05-05 02:47:392021-05-05 02:58:22Worried about a Child’s Inheritance in a Divorce?
Part of planning for your life is anticipating that you may become incapacitated and need someone to make decisions as you would like. A written power of attorney gives someone you trust this power. There are; however, a number of things to keep in mind as you do this. We get these questions often. Can […]
https://www.douglasturner.com/wp-content/uploads/2021/04/Power-of-Atorney.jpg6901200adminhttps://www.douglasturner.com/wp-content/uploads/2019/02/douglas-turner-logo-2019.pngadmin2021-04-20 05:03:472021-04-20 11:06:18When Using a Power of Attorney is a Bad Idea
Most contracts never get reviewed by a lawyer before they are signed. Here are few contract clauses that catch my eye – and they should catch your eye, as well. Whether the clause is a favorable or unfavorable addition to the contract depends on each, individual situation.
In this troubled economy, many Coloradoans are finding themselves out of a job. Finding a new job can become even more difficult if the former employee signed a valid, noncompete agreement.
https://www.douglasturner.com/wp-content/uploads/2019/02/douglas-turner-logo-2019.png00adminhttps://www.douglasturner.com/wp-content/uploads/2019/02/douglas-turner-logo-2019.pngadmin2021-03-16 12:27:402022-10-25 05:46:46Enforceability of Noncompete Agreements in a Global Marketplace
The Exempt Property Allowance and the Family Allowance When a person dies and a probate proceeding is commenced in Colorado, certain payments and expenses have priority over the others. Right at the top of that list is the exempt property allowance and the family allowance. Exempt Property: Priority Over all Claims Against the Estate The […]
Contract Disputes, Arbitration, and Arbitration Clauses While arbitration clauses are often a good idea, sometimes an arbitration clause can work against recovery on the contract. Before including an arbitration clause in a contract, think about who will most likely be a plaintiff, who will most likely be a defendant and the amount of damages. Arbitration […]
https://www.douglasturner.com/wp-content/uploads/2019/02/douglas-turner-logo-2019.png00writerhttps://www.douglasturner.com/wp-content/uploads/2019/02/douglas-turner-logo-2019.pngwriter2021-03-16 11:37:382021-03-17 02:24:57So, You Think You Want to Arbitrate?
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