The Biden Administration’s tax proposals have been on the minds of many of our clients. You may be wondering if and how your estate plan will be impacted, and what you should do now to minimize your heirs’ tax liability. …
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Bob Ross rose to fame in the 1980s as the host and instructor of the wildly popular Joy of Painting TV show. Viewers were smitten not just with his artistic techniques but also with his mesmerizing voice and congenial manner….
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The Federal Housing Authority this month issued new rules that provide more protection for non-borrowing spouses of reverse mortgage borrowers. The new rules apply to HECM reverse mortgages – Home Equity Conversion Mortgages – which are federally insured and backed…
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Floridians pay more for homeowners insurance than residents of any other state, according to the Insurance Information Institute. Premiums continue to increase dramatically. The average Florida resident will pay premiums of $2,380 this year, a 21% increase over 2018. Owners…
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Many people have misconceptions about the rules for obtaining Florida Medicaid benefits for nursing home costs. This is not surprising, considering that the Medicaid program is vast, and its rules are complex and differ from state to state. Before clients…
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Estate planning clients frequently come to us who are parties to business agreements such as limited liability companies, shareholder agreements, partnership agreements, corporations. These agreements routinely include clauses that govern who may inherit the shares of deceased partners. If you…
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Parents with estranged adult children: An unfortunate situation that our attorneys see increasingly often these days. Sometimes parents and their adult child have not spoken in years. Sometimes the child will stay in touch with siblings or other family members;…
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Attorney Jonathan D. Karp has joined the Executive Leadership Team for the 2021 Palm Beach Walk to End Alzheimer’s. As Community Engagement Chairperson, Mr. Karp is responsible for engaging sponsors and recruiting teams for the event, scheduled for Saturday, October…
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If you are a Florida resident, having a living trust as the cornerstone of your estate plan can offer many benefits. Among them are probate avoidance, privacy, possible tax advantages, and the ability to set conditions on your heirs’ inheritances….
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From the law is a moving target department: The SECURE Act (Setting Every Community Up For Retirement Enhancement) became law on January 1, 2020 and made several changes to the rules for retirement accounts. One provision is that non-spouse beneficiaries…
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