homeowners Archives - Aldridge Borden and Company

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Benefits of a Living Trust for your Estate

If you have significant assets, you should consider establishing a living trust to avoid probate. Probate is a court-supervised legal process intended to make sure a deceased person’s assets are properly distributed. However, going through probate typically means red tape, legal fees and your financial affairs becoming public information. You can avoid this with a living trust.

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Hiring Independent Contractors and the Tax Implications

Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary pressures. If you’re among them, be careful that these workers are properly classified for federal tax purposes. If the IRS reclassifies them as employees, it can be an expensive mistake.

R.E.A.A.C.T. – Montgomery’s fight back to property fraud

Safeguarding your assets and controlling risks are essential to your family and business success. We thought this service offering from the County would be something most of our clients would benefit from using. "The R.E.A.A.C.T. program will provide Montgomery County…

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Converting Your Home into a Rental?

In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing this, you’re probably aware of the financial risks and rewards. However, you also should know that…