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Tag Archives: trusts and estate

Trusts Still Have Time to Reduce 2024 Tax Liabilities by Rick Bazzani, CPA


Posted on February 18, 2025 by Rick Bazzani

Generally, the taxes you owe depend on the decisions you made before year-end on December 31. However, as you prepare to file your 2024 tax returns, certain trusts and estates may have an additional 65 days in 2025 to reduce their tax liabilities and those of their beneficiaries for the prior year. Under the Internal […]

Properly Titling Trustees’ Signatures Can Protect Their Assets by Jeffrey M. Mutnik, CPA/PFS


Posted on September 24, 2021 by

When individuals sign legal documents, including personal checks, contracts, tax returns, etc., they generally are not required to add any language explaining who they are. Their names alone satisfy the legal requirements for validating those documents.   However, when those people are also officers of corporations or managers of partnerships or LLCs, they usually include their […]