Posts by Chad Harlow

How Will the New Tax Law Affect Your Family?

President Trump signed the new Tax Cuts and Jobs Act bill into law on December 22, 2017, and the law includes a number of historic changes to the federal tax code. However, the vast majority of the most dramatic changes are aimed at business taxation, not individual taxpayers. That said, there are several fairly significant…

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Choosing the Right Business Entity

One of the first decisions an entrepreneur should be making is the selection of the right form of business entity.  This is a critical decision because of its ongoing legal and tax consequences. Liability protection is the most important non-tax consideration in the business entity selection process.  The business owner has to have a shield…

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How Legal Planning Helps Build a Strong Blended Family

In today’s modern family, “Yours, Mine, and Ours” is so common. The blended family is the product of 2nd (or more) marriages, in which one or more of the parties comes with children from a prior marriage. And then, they may even go on to have children together. If you have or are part of…

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Estate Planning Essentials for Parents

A comprehensive estate plan can protect the things that matter most. For many, this means their property and their family. Including provisions for the care of your children in your estate plan is essential for peace of mind. But many parents struggle with including such provisions as naming a legal guardian for their child in…

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Is Your Family “Too Young” to Need an Estate Plan?

Young families face different estate planning needs and challenges than those who have had a long life behind them. While established families may be concerned about what will happen to their family when they pass on, young, growing families can be more focused on what is happening to their family in the present. And you…

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5 Estate Planning Mistakes and How to Avoid Them

Many people put off estate planning until their senior years or simply ignore it because it involves thinking about death.  This kind of unwillingness to face reality can create major hardship, expense, and mess for the loved ones and assets you leave behind. While not having an estate plan may be the biggest mistake you…

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