For 2018, the annual gift tax exclusion amount is set at $15,000. This is an inflation adjusted increase from 2017 when the exclusion amount was $14,000.Read More
Blog Disclaimer: The content and information provided in this blog is not intended to be legal advice, but is for informational purposes only. Transmission of this information is not intended to create, and receipt does not constitute, an attorney-client relationship. The information provided is intended for general information which may or may not reflect the most current developments in the law. Read More.
The relationship of the beneficiary to the decedent and size of the estate will determine if the estate is exempt from federal estate taxes and Iowa's inheritances taxes.Read More
Before closing on the sale of a home or real estate in Iowa, a title opinion is generally performed to determine if the seller holds marketable title to the property.Read More
One of the requirements for a valid Will in the state of Iowa, is that you sign your Will in the presence of at least two witnesses.Read More
Iowa Courts have applied the ‘continuing storm doctrine’ which generally provides that a business establishment is permitted to await the end of the storm and a reasonable time thereafter to remove ice and snow.
Under the Fort Dodge Municipal Code and similar Municipal Codes throughout Iowa, residents are required to remove snow and ice from the sidewalks abutting their property within 24 hours of the cessation of the snowfall or ice formation.
Under Iowa law, if the original Will cannot be located, even though you may have a copy, the law includes a presumption that the decedent intentionally destroyed the Will for the purpose of revoking it.Read More
Generally, under Iowa law an individual must bring a lawsuit within two years of their accident or personal injury or the claim is forever barred.Read More
In Iowa, if you die without a valid will, the distribution of your property and assets will be based on Iowa law, regardless of what you may have desired.Read More