Structure your trust with flexibility for maximum benefit

In addition to making efficient asset distributions, trusts are often established as a tax-saving strategy. In recent years, the federal estate tax exemption has fluctuated dramatically; before 2010, it was set at $1 million. The 2017 Federal estate tax exemption is $5.49 million for individuals and $10.98 million for married couples. A higher federal tax…

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Estate planning tools to avoid guardianship

When a person becomes incapacitated, either mentally or physically, and needs legal protection, it is often necessary to go through the court system to have a guardian appointed – that is, unless you utilize some useful estate planning tools in advance to eliminate the financial and emotional pain of this burdensome legal procedure..  Guardianship is…

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Five steps to ensure your estate plan meets your needs

Creating a comprehensive Florida estate plan is the first step in protecting assets for you and your family. But don’t stop there. Here are some tips to ensure your estate is properly organized: If you have a safe deposit box, name a trusted co-owner of the box so your family can access it without having…

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