Estate Tax Exemption
Will the Estate Tax Exemption and tax rate continue until 2025? #TuesdayTip
Personal Representatives
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
Your Estate Plan at the Second Death
Does your Estate Plan provide for a stepped up basis at the second death? #TuesdayTip
Save Our Homes
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
Income Tax on Your Trust
IS YOUR TRUST GOING TO BE SUBJECT TO OUT OF STATE INCOME TAX AFTER YOU DIE ? Maybe. #TuesdayTip
Debts of an Estate
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
Taxation of Trust by Zachary Kleiman, Esquire
Did you know that the state in which your Trustee resides may impact the taxation of your Trust? To learn more about this, check out Attorney Robin Lloyd’s new article in the upcoming edition of Portfolio magazine. #TuesdayTip
Contracts by Zachary Kleiman, Esquire
Did you know that certain contracts, such as a sale of an interest in land, must be in writing and signed by the parties in order to be a valid contract, otherwise they are not enforceable. #TuesdayTip
Primary Residence by Zachary Kleiman, Esquire
Did you know that transferring your primary residence into your revocable trust will not affect your homestead exemption? #TuesdayTip
Domicile of Trust and State Income Tax
Did you know that the domicile of your Trust will determine if you pay state income tax? You might want to review your Trust to make sure it is correct. #TuesdayTip Robin A. Lloyd, Sr., J.D.