A Quick Guide to Basis

By: The American Academy of Estate Planning Attorneys The word basis can have a lot of different meanings. When we’re talking about taxes, though, it has one very specific definition. Basis is the yardstick used by the Internal Revenue Service to determine how much...

Home: Your Most Valuable Investment

“There is a magic in that little world, home; it is a mystic circle that surrounds comforts and virtues never known beyond its hallowed limits.” – Robert Southey If you are like many Americans, your home is not only an emotionally valuable asset for your family,...