by YALI | Feb 5, 2019 | Tax Planning
What is a Charitable Lead Trust? How does it work? What type of client could use one? (Our second in a multi-part series on advanced estate planning topics) A charitable lead trust (CLT) is essentially the reverse of a charitable remainder trust. It is an irrevocable...
by YALI | Jan 25, 2019 | Tax Planning
What is a Charitable Remainder Trust? (This is going to be the first in a series of advanced estate and charitable planning topics we are going to be covering each week) A charitable remainder trust (CRT) is a powerful charitable vehicle that provides two essential...
by YALI | Dec 24, 2018 | Tax Planning
Some Tax Suggestions for the End of 2018 The Tax Cuts and Jobs Act of 2017 should have taxpayers thinking about things they can do – even in late December of 2018 – to help save on their federal taxes. While it’s great to focus on the holidays, focusing on taxes can...
by YALI | Apr 30, 2017 | Business Law, Estate Planning, Tax Planning
The Utah Jazz upset the Los Angeles Clippers and advanced to the second round of the NBA playoffs today. But even some of the most loyal NBA fans probably didn’t know that thanks to a recent move by the team’s owners, the Jazz are now owned by a “Legacy Trust” and...
by YALI | Mar 30, 2017 | Business Law, Tax Planning
In our last post we provided tips on how to save money through careful planning this tax season. But remember, there’s an important difference between tax avoidance and tax evasion. Tax avoidance is smart planning, tax evasion is illegal! Whether your income is fifty...
by YALI | Mar 24, 2017 | Business Law, Tax Planning
Five Essential Tips for Arizona Residents this Tax Season It’s everyone’s favorite time of year. Spring training, march madness, and of course, tax season! Sure, we get it, one of those items may not be as exciting as the other two, but as a law firm that...
