Archive

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

The Florida Homestead Exemption provides several legal and tax benefits to homeowners. If you have not applied for Homestead Exemption, this is the last week to do so, as the deadline is March 1, 2020.      #TuesdayTip

Did you know that property in a revocable trust can pass to your heirs without needing to go through probate?      #TuesdayTip

Did you know that requirements for distribution of IRAs now starts at age 72?   #TuesdayTip

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