What are Conservation Easements?
Conservation easements can be a great estate-planning strategy for landowners. But in many cases, such tools are overlooked because their benefits are not fully understood. Here, the estate planning specialists at The Law Offices of James A. List, LLC further elaborate on the concept of conservation easements. What are Conservation Easements? A conservation easement is […]
Ways to Structure a Business
There are various ways to structure the ownership of a business, and the type you choose can have major legal and financial impacts in the future. Here, the business and legal advisors at The Law Offices of James A. List, LLC help to ensure the success of you and your business by providing a closer […]
How Do 1031 Exchanges Work?
What Is an IRS 1031 Exchange? IRS tax code section 1031 states that an individual is allowed to defer capital gains tax upon the sale of an investment property. This holds true when the profits from the sale go directly towards the purchase of a “like-kind” property. Naturally, the odds of two sellers being interested […]
Navigating the Path to Legacy
Navigating the path to legacy through trusts, wills, and estates it’s important to safeguard assets. This will ensure their efficient distribution, and leave a lasting legacy for loved ones. Therefore, while these concepts may seem daunting, understanding the fundamentals of Trusts, Wills, and Estates is essential for anyone looking to protect their assets and provide […]
A Comprehensive Guide to Trusts for People with Disabilities
It’s important to have a comprehensive guide to trusts for people with disabilities at your disposal. In fact, these trusts, play a crucial role in supporting individuals with disabilities. Generally created by close relatives, these trusts are commonly funded through inheritances. They serve the purpose of meeting the needs of people with disabilities while protecting […]