Sep 2, 2011 | Estate Planning
Revocable Trusts are designed to avoid the probate process, but often they are unsuccessful because people fail to complete the critical step of transferring their assets into the trust vehicle. Probate is the process of transferring title to your assets after your...
Aug 4, 2011 | Estate Planning
Effective October 1, 2011, Florida Statutes Chapter 709 will be substantially revised. Durable Powers of Attorney executed prior to October 1, 2011 will remain effective, with the new statute applying to all newly executed documents. Those serving as an agent under a...
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...
Dec 28, 2010 | Estate Planning
he Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act was signed into law on December 17, 2010, providing two years of tax relief and planning opportunities. The December 2010 Act addresses the “sunset” of our transfer tax system with higher...
Dec 28, 2010 | Estate Planning
Fourth Quarter, 2010 The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act was signed into law on December 17, 2010, extending many of the so-called “Bush tax cuts,” benefiting both individuals and businesses. Some of the more notable provisions...
Dec 22, 2010 | Estate Planning
Fourth Quarter , 2010 On September 27, 2010, President Obama signed the Small Business Jobs Act, including valuable business and individual tax incentives. Many of the $12 billion in tax incentives are temporary, while others are permanent and may require careful...
