Creating your will is an essential step in securing your family's future and ensuring your assets are distributed according to your wishes. It is the first step in developing a strong estate plan with your experienced Florida estate planning attorney. Many people believe that a will alone is sufficient to safeguard their minor children and protect...

Periodic estate planning updates will assure your legacy. The birth of a child is a life-changing event that brings new responsibilities and considerations for every parent, whether it is their first child or their fourth. As a parent you have so much to do, but it is critical that estate planning updates are at the top...

Did you know that if there are changes in the tax laws, they could possibly impact your Florida estate plan? Are you keeping up-to-date in regard to any impacts from current or pending legislation to your Florida estate plan? At our law firm we focus on the specific needs of Floridians who need assistance with estate...

There is much in the news today surrounding the proposed state and federal tax changes that will impact our Florid estate planning strategies. From the possible removal of both the step up in basis planning technique to the removal of grantor trust planning, at times there can appear to be little to remain positive about. For...

Estate planning, and the nuances surrounding passing your generational wealth to your family, continues to be at the forefront of our minds in our practice. Each day, we are inundated with news alerting us to the fact that the tax benefits that most Americans have benefited from for the past several years are under threat of...

Your Florida estate plan is critical to your health and well-being. Beyond what you need, however, a strong estate plan can protect your family, create your legacy, and ensure that everything you have worked for is protected. When you work with an experienced Florida estate planning attorney you can ensure that your estate plan will protect...

Are you worried about the possibility of a change in your federal estate tax? If so, now may not be the time to panic, but it may be the time to plan. There are several steps you can take to be prepared and plan for an estate tax change that may negatively impact your estate, while...

Trusts consist of a grantor, a trustee, and at least one beneficiary. The grantor creates the trust, then funds it by transferring assets to it. We may not think of trusts as profit centers, but some trusts do generate income. This, of course, leads to the question, “Do trusts pay income taxes?” Whether they do or...

With an eye toward reducing their potential federal estate tax, Malcolm and Helen began reviewing their estate plan. As they discussed options with their estate planning attorney, they learned about the annual gift tax exclusion. The Annual Gift Tax Exclusion According to current IRS guidelines, individuals may make gifts of up to $15,000 per person (as...

Portability technically means something that can be easily moved or carried. The term can be used in several contexts. For example, software portability means the software is easy to transfer to another computer. Portability of retirement and pension funds indicates that a worker may transfer retirement funds when taking a new job.  In Florida, homeowners may...