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Sara Dominick Clark
Not many firms trace their roots of almost 80 years to a female attorney. Dominick Feld Hyde is proud to carry the name of our founder Sara Dominick Clark who recently was honored in the Alabama Lawyer (the periodical published by the Alabama State Bar) on the occasion of her 100th birthday [Alabama Bar Article...
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Alabama Opportunity Scholarship
The Alabama Accountability Act, passed in 2013, established a non-profit 501(c)3 organization entitled Scholarships for Kids, which works directly with qualified, non-public schools to offer a road to opportunity for the children who need it most to ensure they’re receiving a quality education with full scholarships to eligible universities. While this scholarship is only open...
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Digital assets
With the advent of the internet, smart phones and tablets, and the move to digitize just about everything, it is important to remember your digital assets when designing and implementing your estate plan. Digital assets include your email accounts, social media accounts, online banking and brokerage accounts, and digital movies, music and images stored online....
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A question we get all the time from our clients is whether our clients should go ahead and give their personal residence to their children. While it initially may seem like a good idea, this article from NJ.com, “By Deed or by Will? How to Transfer your Home to you Children,” lists a number of...
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Estate planning is an important part of life that many young families often ignore. Whether it be a lack of time or the fear of facing one’s mortality, too many young families fall into the trap of saying, “I’ll get to this tomorrow.” Estate planning for young families typically revolves around planning for the care...
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Why leave assets to your children in trust? Why not keep it simple and just leave assets to them directly? You work hard while raising kids and you save for your future. Now your kids are grown, so why not just leave their inheritance to them individually? You see no need for trust planning for...
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By now, you are aware of the sweeping Tax Cuts and Jobs Act (“TCJA”) and the fact that it will have a major impact on individual and business tax planning. The changes are quite extensive and will impact each individual and business differently. The following is a brief overview of the major changes included in...
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