by Florida Elder Law & Legacy Planning | Dec 29, 2023 | Estate Planning
UPDATE: On Friday, March 1, 2024, in National Small Bus. United v. Yellen, the United States District Court for the Northern District of Alabama ruled via memorandum opinion that the Corporate Transparency Act (CTA), enacted in 2021, is unconstitutional because...
by Florida Elder Law & Legacy Planning | Nov 25, 2023 | Estate Planning
The Internal Revenue Service this month announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes. Some of the important changes for estate planning include:- Estate/Gift Tax...
by Florida Elder Law & Legacy Planning | Nov 21, 2023 | Estate Planning, Probate Administration
After a house, a car is often the second-most valuable piece of property a person owns. About 15–20 percent of new vehicles are leased rather than purchased and financed. Leasing is a popular alternative to traditional financing because it can allow the lessee (the...
by Florida Elder Law & Legacy Planning | Oct 24, 2023 | Estate Planning, Guardianship Lawyer
How Far in Advance Can I Begin My Estate Planning? You can create your estate plan at any time, but many people choose to begin the process sooner rather than later. Why? Because you never know when life-changing medical or financial emergencies can strike that will...
by Florida Elder Law & Legacy Planning | Oct 18, 2023 | Estate Planning, Wills and Trusts
In 2008, Congress recognized the need for the public to understand the importance and benefits of estate planning by passing House Resolution 1499, which designated the third week of October as National Estate Planning Awareness Week. Nevertheless, according to a 2019...
