Tag Archives: Tampa Estate Planning Lawyer
Reasons Why Estate Planning for Digital Assets is Important in the New Year
This month are you beginning to work on accomplishing your 2022 New Year’s resolutions? Did you include understanding how to protect your digital assets, which is currently a hot topic? Data security is in the headlines and digital privacy is on the mind of many Floridians. January is a good time to research how… Read More »
Have an Estate Plan? Review this End of the Year Checklist.
As 2021 quickly comes to a close, do you still have many things on your to-do list? Are you spending time with family, trying to make plans for the new year and ensuring that you accomplish what you wanted to during this year? During this time of planning, we encourage you to also focus… Read More »
Do You Know How to Prepare Your Estate for Proposed Tax Law Changes
Are you aware of the news stating that the tax benefits that most Americans have benefited from for the past few years are under threat of being eliminated? In our practice, estate planning, and the variations surrounding passing your generational wealth to your family, continues to be at the forefront of our minds. Many… Read More »
Moving to a New State? Remember to Update Your Estate Plan
Are you one of the many people who moved to a different state during the Covid-19 pandemic? If so, it may not have occurred to you that you should update your estate plan to match your new address. After all, so much happened in 2020 that it may have been at the bottom of… Read More »
Estate Planning Tips Single Floridians Need When They Near the Proposed Tax Limits
Did you know that the state of Florida does not impose an estate or inheritance tax? This is great news, but some residents may have to remain mindful of the federal estate tax limits. While the current exemptions are high enough that very few Americans need to be concerned, at a federal exclusion of… Read More »
Think You Are Able to Avoid Probate? 3 Common Mistakes We See
Do you think that your estate will not have to go through the probate process because you have done your homework and created a thoughtful and detailed will? While having a will may be the right way to go, the fact that you have a will does not, by itself, allow your estate to… Read More »
Do You Have An Estate Plan? Here Are Five Common Reasons Why Having An Estate Plan Is Important
Do you have an estate plan in place? There can be a variety of reasons why this can be important. Let us discuss five such reasons. 1. You have children. If you have a child, it can be important to at least have a Last Will and Testament. If you do not identify who… Read More »
Are There Different Types of Trusts That Can Be Used in Estate Planning?
Did you know that there are different types of trusts? This may come as a surprise to those new to the area of estate planning, but it may be important to be familiar with the basic types of trusts. We will discuss some of the basics about trusts and the different types of trusts… Read More »
Is It Time to Add an Irrevocable Trust to Your Florida Estate Plan
Did you know that irrevocable trusts can offer unique benefits? How do you determine if it is time to add an irrevocable trust to your Florida estate plan? First, let us look at what makes a trust irrevocable. Trusts are either revocable or irrevocable. The primary difference is that a revocable trust can be… Read More »
Nursing home care is expensive
As people age, they are often surprised to learn how much nursing homes cost. Nursing home bills often run $85,000 or more annually, and many seniors quickly deplete their life savings trying to pay for the care, treatment and support they need. Because of these, a good estate planning attorney will take into consideration… Read More »
