Archive

The estate tax exemption for 2020 is $11.58 million, an increase from $11.4 million in 2019.   #TuesdayTip

Will the Estate Tax Exemption and tax rate continue until 2025?       #TuesdayTip

Did you know that if you are the Personal Representative for an estate, Florida law allows you to receive a fee for your services based on the value of the estate.  #TuesdayTip

Does your Estate Plan provide for a stepped up basis at the second death?    #TuesdayTip

Impact 100 is one of the many sponsors we are proud to be actively involved with. Robin A. Lloyd was featured on Impact 100’s website for 2019 Impact Day.

Did you know that Save Our Homes is an amendment to the Florida Constitution that provides for a limitation on the increases in assessed value of a homestead residence.      #TuesdayTip

IS YOUR TRUST GOING TO BE SUBJECT TO OUT OF STATE INCOME TAX AFTER YOU DIE ?  Maybe.       #TuesdayTip

As the Personal Representative of a probated decedent’s estate, it is a good idea to wait to pay off small debts of the decedent until the creditors file a claim against the estate.      #TuesdayTip

You should check and update your estate planning documents at least once a year and whenever there has been a change in marital status, family members have left or entered the picture, or the tax laws have changed.      #TuesdayTip  

Did you know that there are two main categories of trusts: revocable and irrevocable. One of the primary differences is that a revocable trust can be changed at any point throughout the Grantor’s life. The type of trust you need will depend on your estate planning goals.   #TuesdayTip