Serving South Florida Since 1974
The Tax Cuts and Jobs Act (TCJA) represents the most comprehensive reform of the U.S. tax code in over thirty years and includes significant changes which will likely impact your estate plan. Some of the significant changes include the following: Exemptions Amounts...
You are engaged! Congratulations! You and your soon-to-be spouse have endless wedding details to plan – your venue, guests, flowers – the list goes on. While planning your wedding is fun (and stressful), planning your marriage is essential. A prenuptial agreement may...
A Last Will and Testament (often referred to as a “will”) should be included in every estate plan. A will details the disposition of your estate upon your death. Most people understand the basic need for a will, especially since the most recent (and unfortunate) death...
Hurricane Harvey caused devastation in Texas. We all saw video of seniors in a nursing home sitting in filthy water midway up their wheelchairs. Hurricane Irma caused devastation in Florida and throughout the southeastern USA. We all saw video and news articles...
Estate planning is not a trending topic for millennials. It is not popular to plan your death when you think you are young and invincible. You may be starting college, your career, or even a family. Why would you want to imagine the end when your life is just...
The IRS does not allow you to keep retirement funds in a tax-deferred retirement account forever. When you reach 70½ years of age, you must start taking required minimum distributions (“RMD”) from your individual retirement account or qualified plan. The RMD is the...
Have you ever gone on a treasure hunt? Long gone are the days when you need to go on an adventure to discover lost property. Now, you can simply search a website run by the Florida Division of Unclaimed Property for lost property held by the State of Florida in your...
For those of you who remember, or those who do not remember, back in the ‘50’s and ‘60’s, the late comedian Jackie Gleason hosted a TV show with his favorite character, Reggie Van Gleason III, a bon vivant character with a severe drinking problem. He was the scion of...
Property values in Florida are on the rise. From June of 2015 through June of 2016, the price of homes increased by 7% in the State of Florida. A 6.8% increase is projected again by June of 2017. Because property values are on the rise, portability of the homestead...
We recently had an issue with a bank refusing to accept a durable power of attorney prepared for a client by our firm. In 2015, the client properly executed the durable power of attorney designating her two daughters to serve as co-agents with the express authority to...