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For a Last Will and Testament to be properly executed in Florida, it must be signed in the presence of two witnesses, and the witnesses must sign in the presence of each other and a notary. Please check to make sure your documents have been executed correctly. #TuesdayTip

An individual can gift up to $15,000 per recipient this year without triggering a taxable event. For a couple that is married, the exclusion goes up to $30,000 per recipient for this year. Dont forget to check with your tax professional for the Gift Tax Return. #TuesdayTip

  The Senate narrowly passed its Tax Reform Bill in the early hours of Saturday morning, with a 51-42 vote in which no Democrats voted in favor of the bill. This marks a significant achievement toward real tax reform, as the House and the Senate now enter conference to merge the House Tax Bill and […]

November 14, 2017 On Thursday, November 9, 2017, the Senate Finance Committee released its version of the proposed Tax Cuts and Jobs Act, on the heels of the House’s Tax Cuts and Jobs Act released earlier and discussed here. Although the Senate Bill purports to achieve the same tax reform goals as the House Bill, […]

  As quickly as Estate Tax Repeal faded off the tax reform radar a few months ago, it came flying back into view about a week ago. On September 27, the GOP “Big Six” coalition, derived of members of the House Ways and Means Committee, the Senate Finance Committee, and the White House, released its […]

Hurricane Irma, an historically powerful and potentially devastating hurricane, continues to strengthen in the Caribbean, and we would like to extend our well-wishes to everyone in its path. As long-standing residents of Florida, we know how serious these storms can become, and we hope everyone stays safe and is taking proper precautions, preparing for the […]

A cross-country move can be stressful in all aspects; purchasing a new Florida home remotely, coordinating movers, establishing utility accounts, applying for homestead, setting up bank accounts, getting unpacked, and slowly settling in are all important items on a mover’s to-do list. A common oversight in a permanent move, however, is the “relocation” of your […]

In planning for non-taxable estates, one of the client’s most important goals (after distribution provisions are drafted) is to avoid probate, and this is usually achieved by utilizing a Revocable Trust as the client’s main estate planning document.  The Trust will control where the client’s estate goes after the client passes, and if properly funded, […]