Poor Estate Planning Decisions Hurt Farmer’s Heir
Failure to do any estate planning can cause serious problems in the future for an individual’s family, especially if there is no will for the decedent. However, even with a will there are still many ways in which the distribution of assets could result in less than beneficial outcomes for intended heirs in Florida and […]
Portability Is New Focus Of Estate Planning In Florida
One of the most common reasons for planning an estate used to be to limit tax liability. However, this has changed ever since the modifications to the estate tax laws which set the tax exemption level at $5.25 million per person in Florida and across the nation. This has kept most people from ever having […]
Estate Planning Should Consider Death As Well As Incapacitation
People should not procrastinate when it comes to planning an estate. One never knows when something unfortunate could happen in Florida or in any other state. Creating an effective estate plan requires choosing the correct legal instruments which will accomplish one’s estate planning goals. It is also essential that one’s estate plan addresses not only […]
Estate Planning Laws Are Still Subject To Change In Florida
Recently passed legislation has made planning an estate significantly simpler by making permanent the current exemption limit on the inheritance tax. Lawmakers established the exemption limit at $5.25 million per individual. By passing this estate planning law, Congress avoided having an automatic lowering of the exemption limit which was required by the previously effective law. […]
Estate Planning Issues Can Arise When Putting Child On Home Title
When parents plan their estate, they usually want to make sure their children receive most of their important assets, such as any real estate they may own. Some may ensure this by putting the title of the family home in their adult child’s name. However, estate planning may not be quite this simple in Florida […]
Careful Estate Planning Can Avoid Probate In Florida
Planning one’s estate is among the most important things a person can do in order to save family from grief after one passes away. Many times small details make a large difference when it comes to estate planning in Florida or elsewhere. Individuals should take care to ensure that an estate plan is clear and […]
Trusted LGBTQ Estate Planning Attorney in Lake Park
Estate planning is a crucial step for everyone looking to protect their assets, safeguard their loved ones, and ensure their wishes are honored. For members of the LGBTQ community in Lake Park, estate planning comes with unique challenges that require thoughtful, inclusive legal solutions. Working with an experienced LGBTQ estate planning attorney ensures your plan […]
Tailored Estate & Trust Planning in Jupiter, FL
In today’s world, families in Jupiter, FL deserve more than generic estate templates—they need estate and trust planning built around their unique circumstances. Whether you’re establishing your first will, managing a blended family, or aiming to preserve wealth across generations, BFM Law offers personalized guidance to help you protect your legacy, minimize probate, and ensure […]
Kinkade Art Fortune Feud Exemplifies Benefits Of Estate Planning
Estate planning is always a responsible and sensible strategy. Having the details of your estate clearly defined and documented can save your heirs not only countless hours of work, it also helps your loved ones understand your intentions and carry them out with as little acrimony and emotional distress as possible. One high-profile case currently […]
81 Year-Old Wins Lottery, Establishes Trust
An 81 year-old woman who won a whopping $336.4 million Powerball jackpot this week accepted the sum under the name Rainbow Sherbet Trust. She claimed a total of $210 million distributed in one lump payout. The trust was so named because a family member’s craving for ice cream led to the purchase of the lucky […]