Mar 28, 2012 | Estate Planning
Effective October 1, 2011, the legislature substantially revised Florida’s Durable Power of Attorney Statute. While durable powers of attorney executed before October 1, 2011 are still effective and valid, there are at least three reasons you may wish to consult with...
Mar 28, 2012 | Estate Planning
You are one of three adult children. Your widowed mother is changing her trust. She will divide her property equally among you, your sister and your older brother. However, she feels your older brother will never be able to handle money responsibly so she has decided...
Dec 30, 2011 | Estate Planning
Your 18-year-old son just left for college and you are enjoying the empty nest knowing that you have fully prepared him for adulthood. You even helped him set up a bank account in his own name so he can pay his own bills (even if you are still putting money into the...
Jun 30, 2011 | Estate Planning
Congress passed legislation in December 2010 which gives individuals a marvelous opportunity to gratuitously transfer wealth down to succeeding generations – but only for the next two years. In 2011 and 2012, the amount a person can transfer exempt from gift tax is...
Sep 4, 2008 | Estate Planning
Federal statutes and regulations governing individual retirement accounts (IRAs) have changed significantly in the last few years. IRAs may represent the most significant assets you have to pass on to your family. Proper planning is essential to postpone or reduce the...
