Estate Planning

Estate taxes can be complex, but effective planning can lessen their financial impact. Florida does not impose a state estate tax, simplifying the process compared to many other states. Still, federal estate taxes may apply if your estate exceeds certain thresholds,...

A durable power of attorney (DPOA) is an important tool in estate planning. It allows a person, known as the principal, to appoint someone they trust, called an agent, to manage their financial, legal, and health-related matters in case they become incapacitated. This...

A charitable remainder trust (CRT) offers a unique way to provide for loved ones while supporting charitable causes. This estate planning tool helps create a win-win situation for families and charities alike. Understanding the benefits of CRTs can help determine if...

Probate, the legal process to settle a deceased person's estate, often involves time and expense that many wish to avoid. Several effective strategies can help minimize or bypass the probate process altogether. These strategies provide various options for individuals...

It is not always necessary to use a will to pass your home to a family member upon your death. Other estate planning options may answer some concerns you have that a will is not capable of addressing. For instance, you might consider putting your house into a trust....

Estate planning may not be the most thrilling topic, but when it comes to passing on your property, it can make a significant difference in minimizing the impact of taxes. With thoughtful estate planning, you can strategically position your assets to minimize the tax...

When it comes to estate planning, real estate is often one of the most important assets to consider. Leaving a property to your loved ones in your will can be a thoughtful and strategic decision. However, there are important things to keep in mind to ensure a smooth...

Estate planning is a thoughtful way to ensure distribution of your property follows your wishes after your death. If you want to ensure your real estate transfers ownership to someone without contestation, you have options to protect your loved ones from probate. Can...

You have worked hard for the assets you have acquired during your life. Like many other Floridians, you want to leave some of your wealth to your children, other relatives, friends or favorite charities. Drafting a comprehensive estate plan helps to ensure your assets...

In addition to grieving their losses and making funeral arrangements, families must often handle the final affairs of recently deceased loved ones. Much of this occurs through the court-supervised process known as probate. A potentially extended process, not all...