A Step-Up In Basis to Reduce Capital Gains
The step-up in basis reduces the capital gains tax on inherited assets. It is an effective way to preserve an inheritance and save money.
A Step-Up In Basis to Reduce Capital Gains Read More »
Can an LLC Operating Agreement Avoid Florida Probate?
A properly drafted LLC may very likely avoid Florida probate. Many individuals use the limited liability company (“LLC’) to own rental property in Florida for asset protection and to limit personal liability. It is the favored entity for closely-held businesses and family investments. Many families see the LLC as a substitute to the irrevocable trust or
Can an LLC Operating Agreement Avoid Florida Probate? Read More »
The Eldercare Coordination Alternative to Guardianships
The eldercare coordinator would be appointed to handle family matters that impact an elder’s safety and autonomy.
The Eldercare Coordination Alternative to Guardianships Read More »
How to Avoid a Guardianship
You can avoid a guardianship by having someone you trust to handle your personal affairs with a few estate planning documents.
How to Avoid a Guardianship Read More »
Professional Guardians – Who are They and What do They Do?
To become a professional guardian, you can be a natural person or a corporation as long as you are providing guardianship services. You must also meet the requirements to become a professional guardian.
Professional Guardians – Who are They and What do They Do? Read More »
Five Things to Know About a Conservatorship
Whatever it is, it sounds scary, doesn’t it? Learn more about it so you can avoid it if need be. But if you must have one, appoint someone now who will serve that role.
Five Things to Know About a Conservatorship Read More »
#Freebritney is finally over. So, what did we learn?
Since 2008, Britney Spears has been under a conservatorship managed mostly by her father. Thanks to the “Free Britney Spears” campaign started by her fans everyone knows about her case. But most people do not know what a conservatorship is and what it does. To give you a better understanding, we are going to discuss the Britney Spears conservatorship. Let’s begin.
#Freebritney is finally over. So, what did we learn? Read More »
What Is a Special Needs Trust and How Does It Work?
Special needs trusts can help those that are physically disabled, mentally disabled, or chronically ill. This includes individuals of all ages who made need part time or full-time care.
What Is a Special Needs Trust and How Does It Work? Read More »
Are My Estate Planning Legal Fees Tax Deductible?
Prior to 2018, you may have been able to deduct legal fees associated with estate planning. However, that all changed with the Tax Cuts and Jobs Act passed that year by Congress.
Are My Estate Planning Legal Fees Tax Deductible? Read More »
Lady Bird Deed – Is It Something I Need To Consider?
A Lady Bird deed is a legal tool that allows an owner of “real property” to transfer it to a
beneficiary without the need to submit the matter to the probate court, which Florida law
would otherwise require.
Lady Bird Deed – Is It Something I Need To Consider? Read More »