Benoit, Mollerup, Danielson & Grieve, PLLC

09/24/2026

When you inherit property encumbered by a mortgage, you also assume responsibility for managing that debt. Understanding mortgage assumption rights, reverse mortgage deadlines, and tax basis step-ups helps protect your estate.

In many situations when a family member passes away, beneficiaries inherit both a home and the mortgage that goes with it.

09/22/2026

What is a revocable living trust, and how does it fit into your estate plan? A trust can help keep your assets organized, avoid probate, and ensure seamless management if you become unable to handle your finances.

A revocable living trust is an arrangement set up through a legal document. The document gives someone the power to make decisions about another person’s money or property that’s held in the trust.

09/21/2026

Ready to turn your business idea into a legal entity? Forming an LLC protects your personal assets and provides crucial flexibility for growth. Read our step-by-step guide to starting an LLC with confidence.

Starting an LLC in 2026? Our complete 5-step guide covers everything: naming your LLC, registered agents, filing costs, and what to do after formation.

09/15/2026

Estate planning allows you to name trusted individuals for important roles before they are ever needed. Setting up documents like a power of attorney and naming account beneficiaries ensures your personal care and financial decisions are handled according to your wishes. Establishing these protections early gives you control over how your assets and healthcare are managed.

Since estate planning can be complex, here’s an overview of 7 things you should know about handling your estate when you die.

09/14/2026

What are the biggest challenges new business owners face when launching a company? Transitioning from individual work to delegating tasks and structuring operations is vital for long-term commercial success. Discover strategies to overcome early obstacles.

Learn about the biggest challenges of starting a business, from funding and hiring to finding customers and avoiding burnout, plus practical tips and resources to help your startup succeed.

09/10/2026

Federal estate tax exemptions set clear boundaries for taxable estates, but state-level inheritance taxes can still impact smaller transfers. Reviewing your estate plan ensures your wealth transfer strategy takes full advantage of available tax exemptions.

The estate exemption amount is significantly higher than last year, creating a potentially promising tax year for inheritances and estates.

09/08/2026

Planning to pass your home down to the next generation? From living trusts to transfer-on-death deeds, structuring real estate transfers properly protects your family's equity and avoids probate delays.

Home equity can be a solid foundation for the building of generational wealth. Here’s how home equity works, and how it can be passed down.

09/07/2026

Growing businesses don't always need to reincorporate to save on taxes. Qualifying LLCs can elect S Corp tax treatment using IRS Form 2553 while retaining the operational simplicity of an LLC.

Compare S corps and LLCs, including taxation, ownership, liability protection, and operational considerations for small businesses.

09/03/2026

Choosing the right trust structure depends on your goals for flexibility, tax efficiency, and creditor protection. Exploring how revocable and irrevocable trusts function ensures your assets are managed according to your wishes.

Learn the differences between revocable and irrevocable trusts and how they impact your estate planning.

08/31/2026

Huge news for small business owners! FinCEN has permanently ended the beneficial ownership reporting requirements under the Corporate Transparency Act for U.S. companies. See how this regulatory rollback impacts your business here.

https://home.treasury.gov/news/press-releases/sb0603