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Author Archives: alehrfeld

COVID and Force Majeure


Before the onset of the COVID-19 pandemic, your business ran without a hitch. Supplies came in a timely manner. Employees came to work per usual. Contracts were performed and completed by the due date. Then, the world changed. Suppliers ran out of inventory and either filled orders late, or not at all. Similar problems arose […]

Eight Major Benefits of SLAT Planning

Spousal Lifetime Trusts

Although many advisors expected considerable and unfavorable revisions to estate and tax laws in 2021, last year’s legislative proposals resulted in little change. In fact, the 2022 federal gift and estate tax exclusion amount is now at an all-time high of $12.06 million. As this amount is scheduled to be reduced to $5 million (adjusted […]

A Professional Trustee Could Save Your Family — In More Ways Than You May Think

Professional Executor Trustee

When setting up an estate plan, one of the most important decisions that you need to make is who will manage your affairs following your death. This will be your Executor (named in your Will to handle your probate estate, as well as some other matters, such as tax filings) and your Successor Trustee (named […]

Tax Exclusion Updates for 2022

Tax Planning Opportunities for 2022

Tax Planning Opportunities Multiple proposals regarding estate tax exemptions and rates came and went during 2021, with little change to the law. This means there is still time to take advantage of the “perfect storm” of planning opportunities available in 2022. The IRS has announced the following changes to the estate and gift tax exclusions […]

Tips for Success When Purchasing a Business

Tips for success when purchasing a business

Many people dream of owning their own business, which can bring a great deal of financial and career freedom if it is done successfully. However, purchasing a business can also be risky and stressful if it is not done well. Thankfully, we have compiled some of the best tips for success when purchasing a business. […]