Governor Kay Ivey on Wednesday announced more than $7.6 million in state funding is being awarded to cities and counties for 26 road and bridge projects across Alabama, highlighting her ongoing commitment to enhancing Alabama’s infrastructure.
The flaws that exist within our healthcare system become more prevalent each day — and you know it.
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?
Governor Kay Ivey on Monday announced the release of the “2024 New & Expanding Industry Announcements Report,” highlighting another banner year for Alabama’s economy. The report reveals that economic development efforts in 2024 secured $7 billion in new capital investments across 224 projects, generating more than 8,500 career opportunities for Alabamians.
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.
The Alabama House of Representatives today passed a $192 million tax cut package. The package includes legislation aimed at reducing the cost of groceries, supporting senior citizens on fixed incomes, and cutting taxes on earned income.
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?
