Articles and Resources

Articles and Resources

60% of taxpayers got professional help in 2017. (Source)

About 1.1 million people will be audited by the IRS each year. (Source)

In 2016, there were 956,864 foreclosure filings and 203,108 home repossessions. (Source)

5.51 million existing homes were sold in 2017, according to data from the National Association of Realtors. (Source)

When asked why they do not currently have a will, 57% of survey respondents said they “just haven’t gotten around to making one.” (Source)

The top three reasons that clients engage in estate planning are to: 1. avoid probate (59%), 2. minimize discord among beneficiaries (57%), and 3. protect children from mismanaging their inheritances (39%). (Source)

According to a new Caring.com survey, only 42% of U.S. adults currently have estate planning documents such as a will or living trust. (Source)

A Chapter 7 bankruptcy typically takes around six months to complete. (Source)
A total of 796,037 bankruptcies were filed in the U.S. between June 2016 and June 2017. (Source)

https://www.uscourts.gov/news/2017/07/21/june-2017-bankruptcy

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