Dennis C. Carroll, Esq.Sep 26, 20232 minRetirement PlanningShould I put my retirement account into a trust?A trust can't own an individual retirement account (IRA) since a trust is not an individual. If you absolutely wanted to put the assets...
Dennis C. Carroll, Esq.Sep 21, 20232 minGeneral Tax PlanningHow does depreciation work? Instead of being able to take a current-year, full deduction for a business or income-producing purchase, some purchases require...
Dennis C. Carroll, Esq.Sep 19, 20232 minEstate PlanningDoes putting my house in a trust save on taxes?If you're using a revocable living trust, meaning you can change the trust and you keep possession of house that's inside the trust, then...