As a Jacksonville Guardian Attorney, I am often asked about the details in establishing a Guardianships in Jacksonville Florida. If a Pre-Need guardian has been selected by the Ward, the court will look to their eligibility first before looking at others. A Florida Pre-Need Guardian is a person who has…
Articles Posted in Estate Planning
New Florida law for Challenging Trust Revocation
There has just been a progressive change in the trust law governing the revocation of a revocable trust in the state of Florida. With bill HB 325, Governor Rick Scott signed into effect a law allowing a person who has had their interest in a revocable trust revoked, to challenge…
Florida Intestate Law Changes: You may now need or want a Florida Will.
If you are a married person in the State of Florida and have not created a Florida Will or Florida Revocable Trust you should fully understand what will happen to your assets when you die. Previously in Florida, if a husband or wife passed away with only children belonging to…
Parents Trust Creates Ineligibility for Child on Florida Medicaid
Suppose your parents set up a tax planning Florida Revocable Trust with the assets being held for the kids in trust. Under the terms of the trust, the trustee is to distribute net income and principle as the trustee determines is necessary for education and support in reasonable comfort. If…
New GRAT Rules for 2011
Senate passes the House proposed extension to the time requirement of 10 years for Grantor Retained Annuity Trusts (GRAT’s). This extension is to amend section 2702 of the Internal Revenue Code of 1986. Along with that change, comes the mandate that a GRAT’s fixed amount cannot “decrease relative to any…
Pet Trust for Can Save Your Dogs.
Jacksonville Florida loves its dogs, and this is no truer than at the Law Office of David M. Goldman PLLC where on Friday’s, it’s bring your dog to work day. At the Law Firm, we always wag, we bark, and when necessary we bite. As Florida Estate Planning and Florida…
Creating a Florida Dynasty Trust
Florida Dynasty Trusts are generally used to keep assets within your family members or descendants. The person who creates this type of trust usually has significant assets which are far in excess of $1,000,000 which they want to protect from the misuse or dissipation of family members. A Florida Dynasty…
Recent Changes for Retirement Accounts in Florida
If you have a Retirement Account in the State of Florida, a recently enacted law will provide your heirs stronger asset protection in Florida. An individual Retirement Account is a form of retirement savings that provides tax benefits to the owner of the account. The account is primarily used as…
Ashes to Ashes, Dust to Dust, Deed to Deed
If your last parent in Florida has passed away leaving their Jacksonville home, how do you proceed if you want to sell the house? A Florida deed transfers title to real property from one person(s) to another. Generally before anyone will purchase a property, they will require clear title to…
Estate Planning and Firearms
While a Gun Trust can provide guidance to your family and friends on how to transfer the legal ownership of Title I and Title II firearms, some individuals do not have anyone to leave their firearms to or want them to provide other benefits. The NRA has a program where…