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Did you know the CARES Act eliminated required minimum distributions in 2020 for an individual retirement plan? #TuesdayTip

Has there been a marriage, birth, death, or divorce in your family since the last time you updated your estate plan? Might be a good time to review your documents.  #TuesdayTip

For those taxpayers that take the standard deduction, the CARES Act created a new incentive that if you donate up to $300 in cash to a qualified organization as a charitable contribution, you can receive an additional $300 deduction in addition to the standard deduction.    #TuesdayTip

It is still law that two witnesses are required to be physically present at the signing of a Will or Trust to comply with Florida statutes. If your estate plan is out-of-date, we will work with you to complete a safe, socially distanced signing of your updated estate plan, whether it be outside our office, […]

In light of current events with COVID-19, Fiduciary Trust International published an article on the importance of maintaining your estate planning documents up to date, especially now. Check out the link below for the article! https://www.fiduciarytrust.com/insights/commentary?commentaryPath=templatedata/gw-content/commentary/data/en-us/en-us-ftci/trust-estate/peace-of-mind-essential-steps-for-taking-care-of-family&commentaryType=TRUST%20&%20ESTATE%20PLANNING

Did you know the new CARES Act just signed into law may allow you a charitable deduction of 100% of your AGI if you are at least 59 1/2 and you make it from your IRA in 2020. Talk to your tax advisor.  #TuesdayTip

Secure Act, Cares Act and Coronavirus, do you think someone is trying to get you to review, perhaps update, your Estate Planning documents?   #TuesdayTip

Fortunately we have experienced challenging times before this one. The twin storms of 2004 were a prime example. We were evacuated from our office for four months. Through necessity, we worked remotely. Our ability to complete our tasks for our clients was amazing. Many of our clients are asking what we are doing during the […]

“Are your health care surrogate and power of attorney documents up to date?”   #TuesdayTip

Consider putting all of your important documentation in one binder and let your attorney and family members know the location of that binder.      #TuesdayTip