Blog

A monthly newsletter providing you insight into the law, finance and family matters (with an occasional dose of humor) from your friends and advocates at DuPont Wealth Solutions and the Law Offices of DuPont and Blumenstiel.

Involving family members in your business isn’t a course of action to take lightly. If you are considering this option, it is best to approach it as seriously and professionally as you would any other business venture.

Timely planning is necessary to preserve the assets you have worked so hard to accumulate and to protect your loved ones.

Conservation easements can be helpful as a means of reducing income taxes and lowering the value of estates for tax planning purposes.

Entrepreneurs know that it is also prudent to build a personal investment portfolio apart from the investment in their own company.

Each form of property ownership has specific implications, and, when assessing a method, the benefits gained must be balanced against the benefits lost.

As more and more jobs require travel, it could be to your benefit to seek professional advice in order to avail yourself of the deductions applicable to your individual situation.

Planning for the transition of the business you have spent many years building is not an easy task. However, taking steps now to prepare a business will and the accompanying documents can help ensure your business continues according to your wishes.

Estate planning is an ongoing process that requires a personal commitment in order to make sure the end result is just the way you want it.

When completing a Form W-4 many people prefer to have too much tax taken out so they can look forward to a refund in the spring, but overpaying your taxes means you are allowing the IRS to hold on to your money.