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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 […]

Be sure to update your estate planning to ensure that your heirs will get second stepped up basis upon the second death of you or your spouse. Under previous planning techniques we used A-B Trust. Since the introduction of portability this may not be necessary and may in fact cost your heirs estate income tax.  […]

Are all of your beneficiary designations up to date on assets such as a life insurance policies, 401(k) accounts, and IRAs?     #TuesdayTip

With the holiday season here, now is a great time to tell your family where all of your estate planning documents and important information is located.    #TuesdayTip

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

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