Trusts

Tax law changes could affect the way that some people in Florida plan for the future. In 2019, the federal exemption for estate and gift taxes has reached $11.4 million per person or $22.8 million for married couples. This means that most people may not be exposed to...

Some people in Florida may want to consider creating a trust as part of their estate plan. A trust can be a good way to protect assets, but people should also be aware that trusts come to an end as well. It is important to plan how this will happen to ensure that the...

Florida residents usually put estate plans into place to reduce their tax burdens and ensure that their assets are passed to their loved ones in accordance with their wishes. This is generally done by using wills. Wills must go through the long and sometimes costly...

Florida residents may create trusts for a variety of reasons. For instance, they may do so in an effort to protect assets or minimize an estate tax bill. While a trust may exist in perpetuity, there are ways in which such a document may terminate. For instance, the...

When planning your estate, you will probably conclude that probate is an inefficient process that is costly and time-consuming. Probate means that your beneficiaries will inherit a lower portion of your estate due to the costs involved. Understandably, many estate...

When estate owners in Florida, or anywhere else in the country, create a trust, they typically do so because they want to ensure that their money is managed and distributed in a particular way. In some cases, this is because the trust creator wants to encourage a...

Politics can have an impact on the type of estate planning techniques that individuals in Florida and elsewhere use. However, individuals are urged to not let potential changes to estate tax laws completely dictate their decision-making process. For instance, it may...

Blended families, unmarried couples and other nontraditional family arrangements can cause additional complications when it comes to estate planning. Florida families who do not follow the traditional structure of a mother, a father and their children may want to...

Florida residents like you who have decided you want to leave some or all of your assets to charity will need to learn more about the means by which you can do so. We at the , are here today to discuss exactly that.Charitable trusts are a...

One way to provide support for a person with special needs is by creating a special needs trust. Receiving funds from this kind of trust does not work against a person with special needs when applying for government benefits. This works by getting an exemption for the...