Jump to Navigation

Contact Form

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Office Location

Aventura Corporate Center
20801 Biscayne Boulevard
Suite 400
Miami, FL 33180

305-932-2293 Miami-Dade County
954-760-7077 Broward County

Subscribe to RSS Feed FindLaw Network

November 2013 Archives

Keeping your kids from overspending their inheritance

You have saved up a significant amount of money for your Florida heirs, but you are concerned about their ability to spend their money wisely. For those who stand to inherit property, good financial foresight is a must. That is why about one in three benefactors is drafting an estate plan that will reduce the likelihood of financial mismanagement by their beneficiaries. Benefactors who want to make sure that their estate is handled wisely can take some early action to guarantee success.

Develop Florida estate plan early for best results

Do you think that estate planning is only for the wealthy? Think again. Almost all Florida residents could benefit from the expertise provided by an estate planning professional who can help you understand the implications of local law when it comes to your assets. No matter how many assets you have, you need to have a plan for their distribution after your death. Without this critical forethought, your family members could be left with an estate in disarray, causing them endless stress and anxiety.

Florida residents escape income, estate tax burdens

If you are a Florida resident working on your estate plan, you are probably already aware that careful maneuvering may be required to avoid a massive tax burden for your heirs. It is important to remember that state and federal tax differ not only based on how much you own, but it also relates to where you live. With that in mind, the experts at financial magazines have compiled a list of states where dying is radically more expensive than in other locations. Estate planners should remember that 19 states impose independent estate taxes on their residents. Even those who live in states without these taxes in place should tread with caution, as many of these regulations are subject to sudden changes.

Avoiding common estate missteps

Many Florida residents may have put off estate planning because they find it intimidating or overwhelming. Although crafting an estate plan can be a rather dry activity, it is absolutely essential for those who anticipate leaving assets to loved ones or other parties. Probate attorneys throughout the state have seen scores of individuals make serious mistakes with their estate plans; you do not have to be one of them. Today, we will discuss common misconceptions and errors that occur within estate plans, providing you with the information you need to craft the best document for your situation.