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Law Offices of W. Woods Doster, P.A.
As we discussed in our last couple posts, there are numerous books about better ways to think about your role in your business, and time-saving applications that may be a huge boon to your work. But still other business owners may want a reliable reference–where to go for insights on specific topics as they arise.
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In our first post, we talked about business owners who may feel overwhelmed by the business of running a business, and we suggested a couple books to help them reframing their thinking about small business ownership. But now let’s turn to a couple technological solutions that are surprisingly easy to use, but may streamline their...
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As attorneys, we’ve heard many reasons why people start a business. People start businesses because they have an idea they’re passionate about. They see a need, and they know how to fill it. 
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Income tax rates play an increasingly important role in estate planning strategy as the federal estate tax exemption rises. In the late 1990s, the estate tax exemption applied to many more people than it does today. Today, it applies to only 0.2 percent of estates.
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Deciding between joint and separate trusts for married couples has been a conundrum within the estate planning community for a long time. While many attorneys swear by one trust over the other, there are many factors—such as, the state in which the couple resides, the total of their marital estate, and the couple’s relationship itself—that...
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The last thing you need to worry about while you’re on vacation is something going wrong and not having the document or contact information you need. Allow us to help you organize some of the essential documents, accounts, and types of information you may need while on traveling with this checklist from Everplans!  Read Checklist...
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If there was ever any doubt, the U.S. Tax Court has clarified that the sole member of a single member LLC can, in certain circumstances, be held liable for the employment tax liability of the entity. In Heber E. Costello, LLC and Costello v. Comm’r, T.C. Memo. 2016-184 (Sept. 29, 2016), Scott Costello, the sole...
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Everyone dreams of retirement, especially those who hope to retire early. Unfortunately, few of us make financial plans for retirement. The typical American family only has about $5,000 in retirement savings. Some Americans are fortunate enough to have a pension or an employer-sponsored 401(k) plan or smart enough to set up their own individual retirement account...
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Attorneys face unique challenges when working with blended families. When planning for blended families, attorneys must take into account property that each spouse owns from their prior marriages as well as property that is jointly owned by the spouses in the current marriage. This requires an understanding of the nuances of each case and special...
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May is graduation month. This is a time when many of you may be celebrating your children’s academic achievements, and even getting ready to send them off to college. During this hectic and emotionally tumultuous time, you may be all-consumed with helping prepare your soon-to-be college student for the next phase, causing you to overlook...
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