Some Democrats Oppose White House Estate Tax Plan
The subject of taxes was a contentious topic during the recent elections. There was much argument in Florida and elsewhere regarding whether the extremely wealthy in the U.S. were paying their fair share of the tax burden. A major part of the debate was the estate tax, which is mostly paid by the wealthier Americans […]
Farmers Worried About Effects Of Changes In Estate Tax
It is undeniable that farmers make up an important segment of American society. They provide the nation with a reliable food source, allow us to avoid reliance on foreign food imports and also give us the means to import food products of American manufacture. In addition, farming is a cultural tradition, one that is passed […]
Young Can Benefit From Estate Planning
For the younger set, death is perhaps decades away. But that doesn’t mean estate planning should be too. As several legal and financial experts agree, it is important for young individuals and families to establish wills — or at the very least, appoint a guardian for minor children in the event of an unexpected passing. […]
American Adults Save Only Half Of Inheritance
A new national study conducted by researchers at Ohio State University’s Center for Human Resource Research found that adults who receive an inheritance save approximately half. The remainder is spent, donated or lost. For many retailers and others who stand to benefit from those who spend or mishandle monetary legacies, that statistic bodes well. But […]
Estate Planning Decisions For Couples
Structuring your estate plan can be a big headache. But while some couples reach for the Tylenol bottle, others draw up divorce papers. So how can you ensure you and your spouse or domestic partner remain close throughout the process? Consider the type of representation that is best suited to your needs as a couple. […]
Why Will Planning Is Essential For Florida Estates
When we die, we not only leave our loved ones behind, we also typically leave behind a number of assets. These may range from bank and investment accounts to family heirlooms, and many people in Florida and elsewhere often assume that their loved ones will divide these assets in a fair and reasonable manner prior […]
Estate Planning: Death Doesn’t Make Appointments In Palm Beach
Death does not operate on a schedule. It doesn’t matter what plans we have set forth for a particular day, week or month – death usually does not make an appointment. The same is true for people in Palm Beach and all over the United States, all over the world for that matter. A recent […]
Will Planning In Palm Beach County: Some Things To Remember
If you already have a will in place, you’re ahead of the curve. In fact, most people in the U.S. find themselves ill-prepared when it comes to end-of-life planning – residents of Palm Beach County are no exception. Unfortunately, having a will is only a fraction of the documentation necessary to be fully prepared for […]
Estate Tax Planning Doesn’t Have To Be The Focus Of Estate Plans
Florida residents who have engaged in the estate planning process may be aware that it is more complex than merely deciding who gets the family condo or grandmother’s prized china. In fact, there may be more variables to the process than most people realize when they get started, such as estate tax planning, which is […]
Advanced Estate Planning For Florida Property
Many people move to Florida to retire. As a result, Florida has become a national hotbed for probate and estate planning. Several Florida property owners seek to structure their estate plans in order to allow assets to pass more easily to beneficiaries with the advice of area law firms. Some professionals suggest first creating a […]