The flaws that exist within our healthcare system become more prevalent each day — and you know it.
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Question: I'm 94 years of age and own a home in Massachusetts. When I pass, will my heirs be able to take the $250,000 federal capital gains deduction that I would have been entitled to if I sold the house? Does this differ from state to state?
Question: My grandmother passed away in 2001 in Massachusetts and died intestate leaving her house. My uncle and mother are her direct descendants. My uncle lives in the house but is currently ill with cancer, heart, and kidney issues but is recovering from surgery in a rehab facility and needs to go home soon to receive cancer treatments. If he stays in the rehab facility they won’t cover the cancer treatment.
Question: If I place my home in an irrevocable trust with my children as beneficiaries what is the tax upon my death?
I want to share my perspective on the proposed increase in truck weight limits in Alabama, speaking as someone who works directly in the industry as a log truck driver. This issue is critical to the livelihoods of many hardworking people and to the continued success of the state’s forestry sector.
GUEST COLUMN: Bill raising truck weight limits is a danger to Alabama’s roads, drivers and taxpayers
Alabama has made great strides in improving our roads and bridges thanks to the Rebuild Alabama Act. Investments in infrastructure have created safer highways, boosted economic growth and improved the quality of life for communities across our state. However, a new proposal in the Legislature threatens to undo all this progress and recklessly put our roads – and the people who use them – at risk.
Question: My father passed away last year. (My mother passed away several years ago.) He had a revocable trust that says that upon his death the trust holdings, his home and some investment accounts, be distributed to me and my two siblings. I’m the successor trustee. What should I do now with respect to the trust?
October was Manufacturing Month, an opportune time to highlight this sector's critical role in driving economic growth and job creation—especially here in Alabama. Manufacturing is a cornerstone of our state's economy, contributing billions annually and providing high-quality jobs across automotive, aerospace and advanced manufacturing industries. Yet, as the industry evolves, its future success depends heavily on the strength of its workforce.
