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Do I Need a Will?

The question of whether you need a will is one that many people ponder at various stages of life. Estate planning often seems like a task for the distant future, but the truth is, it’s a critical step in making sure that your wishes are respected and your loved ones are protected after you pass away.

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Red Flags That Can Lead to a Tax Audit
The Farano Law Group APC

Tax audits can be an intimidating prospect for any taxpayer. The idea of the IRS or other tax authorities scrutinizing your financial records is enough to make anyone uneasy. However, understanding the red flags that can lead to a tax audit can help you avoid this stressful situation.

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Estate Planning and Divorce
The Farano Law Group APC

Divorce is often a tumultuous and emotionally charged period, marked by a whirlwind of changes and new beginnings. Among the personal and legal adjustments, estate planning might not be at the forefront of a divorcing couple's concerns, but it should be.

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Your Options and Requirements for Reporting Capital Gains
The Farano Law Group APC

For most people, tax law can be both intimidating and perplexing. One subject that frequently elicits furrowed brows and confused expressions is the reporting of capital gains.

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The Role and Responsibilities of a Special Needs Trustee
The Farano Law Group APC

A special needs trustee shoulders immense responsibility. They're tasked with overseeing a special needs trust and making decisions that directly influence the life of the beneficiary.

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New Regulations Imposed Under CTA
Charles M. Farano

The CTA is The Corporate Transparency Act and is a component of the Anti-Money

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The Crucial Importance of Having a Will or Trust
Martin P. Avanesian, Esq.

The concepts of "wills" and "trusts" might sound intricate, one cannot overstate their

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Welcome Martin P. Avanesian to Our Team

The Farano Law Group APC takes pleasure in announcing that Martin P. Avanesian has recently joined the firm as an associate.

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Does the IRS Scrutinize Transactions Between Family Members?

Does the IRS scrutinize transactions between family members? You bet they do! As a worst-case

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Family Law Custody and Visitation Legal Issues

The court has a tremendous amount of discretion to choose a parenting plan that is in the best interests of the child. To guide the courts in exercising discretion, the Legislature has set forth certain specific issues that the court must consider which include:

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