Interest rates have been at historical lows for several years. This situation may have prompted you to loan money to family members and other related parties at favorable rates, without fear of tax repercussions. However, now that rates are on the rise, you may need to reevaluate related-party loans to ensure they won’t trigger any federal…

An inherent problem with wills and other estate planning documents such as trusts is that, when the time comes to put them into action, you won’t be around to explain or interpret them. Fortunately, there are strategies you can use during your lifetime to minimize the risk of a fight over your estate after your death….

It’s common in divorce cases that involve an interest in a closely held business for that investment to be the marital estate’s most valuable asset. In many states, when the owner-spouse brings this asset to the marriage, a spet may be called upon to distinguish between active appreciation in the business’s value (which is generally subject to division)…