by Florida Elder Law & Legacy Planning | May 5, 2024 | Estate Planning, Probate Administration, Wills and Trusts
Going through probate, the legal way of sorting out a person’s estate after they die, can take a lot of time and get pretty complicated. Delays in probate can tie up assets for months or even years, causing stress for beneficiaries. Fortunately, there are...
by Florida Elder Law & Legacy Planning | Mar 21, 2024 | Estate Planning, Special Needs Planning, Wills and Trusts
Navigating Estate Planning: Testamentary Trusts Offer a Unique Advantage When planning your estate, the array of choices can seem daunting. Some advocate for the flexibility of a revocable living trust, while others uphold the traditional will for its...
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 | 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...
