Tag Archives: Tampa Estate Planning Lawyer
Considerations When Including a Business in an Estate Plan
When it comes to estate planning, some items are easier left and devised than others. Physical objects like cars or money or collections may take thought as to where they will go, but once the decision is made the process is pretty straightforward. But one asset may take more significant planning when it comes… Read More »
Late Marlin Jose Fernandez’ Estate Battles Provide an Important Planning Lesson
Another tragic death is resulting in an almost equally sad dispute over assets and distribution of an estate. The family of Former Florida Marlins ace Jose Fernandez, who died in a boating accident last year, is currently embroiled in an estate dispute, which is another reminder of how important it is to plan ahead… Read More »
The Benefits of a Living Trust
We hear a lot about the different kinds of trusts, and one kind that’s spoken about often is a living trust. Living trusts have a number of advantages, which make them beneficial for those who want tangible asset and estate planning advantages immediately. What is a Living Trust We normally think of a trust… Read More »
IRS Looks to End Popular Estate Planning Tool
Tax laws are very complex, as are IRS regulations. The tax code is often criticized as being overly complex, and every election year there are calls to simplify it. But sometimes, tax laws and proposed tax changes can be explained in normal real world terms. Such is the case with a proposed new IRS… Read More »
Property Owned by Married Couples Still Has Strong Protections
The tenants by the entireties (TBE) protection is one of the strongest that the law provides, and one of the clearest and easiest asset protection devices available. TBE is an exemption that protects assets that are owned jointly by a married couple from being taken by creditors. A recent case has not strengthened the… Read More »
Spendthrift Clauses Can Protect Your Trust Benefits
As we know, creditors will do nearly anything to get their bills paid. Anything that you have, they will try to get. Yet, anything that you don’t have, but expect to receive later, they may try to get as well to satisfy outstanding debts or judgments. Trust Beneficiaries A common scenario involves someone who… Read More »
Don’t Make These Asset Protection Mistakes
Asset protection is not only a viable and recognized legal strategy to protect assets from creditors, but it’s also a very smart thing to do. Even if you aren’t a millionaire, you still may have assets that creditors could reach if a judgment were ever entered against you. That said, there’s good asset protection… Read More »
Injury Lawsuits Can Live On After Death
In many cases, someone may pass away in the midst of a personal injury lawsuit, or even before one is filed, but at a time when one is expected to be filed. The interplay between personal injury law and estate or probate law can be complex, and family members of the deceased need to… Read More »
Muhammad Ali Estate Could Become Contested
As another world famous and world changing superstar passes away, this time Muhammad Ali, yet again come the reports surfacing of estate disputes, what the deceased intended, relatives coming seemingly out of nowhere to make claims, and reminders of how important it is to have an estate plan in place—even if you don’t have… Read More »
Lessons From Prince’s Estate Litigation
As anybody who follows the news knows, the estate of the rock icon Prince continues to be litigated in court, as issues and questions seem to arise regularly. In large part this is because Prince did not have a will nor any estate documents that anybody knows of. The publication Kiplinger recently ran an… Read More »
