There have been many reports of unintended consequences related to the use of online wills over the past few years. In fact, I have written about many of these issues on this blog. It is important for individuals to understand that there is a difference between a document and a…
How a Community Property Trust Can Save Tens or Hundreds of Thousands of Dollars in Capital Gains Taxes Community property trusts can save your clients tens of thousands of dollars in capital gains taxes, and that is just one of their many benefits. This lesser-known strategy is not necessarily the…
How Does A Step Up In Basis Work? Capital gains taxes are one of the more confusing taxes that American citizens have to pay. The best way to explain capital gains taxes is through examples. This article will include plenty of examples, but in an attempt to define these taxes,…
Estate Planning for Millennials Millennials are growing up and doing so fast, and as we all know, young adulthood is full of important milestones. Florida millennials are now graduating from college, landing their first “adult” jobs with benefits such as 401k matching, life insurance, and pension plans. This generation is…
Estate planning has many benefits, with one of the best being that it allows our clients to have peace of mind. This peace of mind comes from knowing that your family members can be taken care of if something happens to you. This type of estate planning is especially important…
Jacksonville Estate Planning For Single Parents One of the best aspects of Jacksonville estate planning is that every plan can be tailored to a person’s life and specific needs. In Jacksonville, Estate planning is important for every person, but it is even more important when you are a single parent…
Florida Asset Protection Trusts and Domestic Asset Protection Trusts Can Be Effective Prenuptial Agreements Planning for a divorce is never easy or fun, but divorce is an unfortunate reality in today’s world where almost half of all marriages end in divorce. Without legal planning, a spouse seeking a divorce is…
In Florida it can be crucial to do Estate Planning For Second Marriage More and more Americans are getting remarried which is causing estate planning to become more complex. People are living much longer than in the past, which means that the rate of remarriage is occurring at a much…
Yes A Spendthrift Provisions Can Protect Against Civil Judgments What is a Spendthrift Provision? One of the best forms of asset protection we can provide is through a trust that contains a spendthrift provision. In a revocable trust, a spendthrift provision has some significant benefits such as protection against your…
How To Protect Against Elder Abuse A Senate Special Committee on Aging had a hearing in November of 2016, which allowed experts to testify that elder abuse is still a growing problem in the United States. The experts testified that over 5 million elders, or one in ten seniors, that…
