The April 15 income tax deadline approaches. If you are a Social Security recipient who has additional sources of income, you will pay federal income tax on a portion of your Social Security benefits. Of the 66 million Americans who…
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Jay Leno, former host of The Tonight Show, has filed a petition for conservatorship in California (similar to Florida guardianship) over his wife’s estate. Leno, 73 and his wife, Mavis, 77, met at the Comedy Club in the late 1970s….
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The legal term for rejecting a bequest is disclaiming. When you disclaim a bequest from an estate, you are effectively saying: Treat me as if I had predeceased the person who died and left me the inheritance. Then distribute the…
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Our lawyers had the pleasure of speaking to a number of organizations in January. Upcoming event: Attorney Joseph Karp will be the featured speaker at the Robert Welstein Quest for Knowledge seminar on Monday, February 5 from 10:30 am to…
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Florida’s Medicaid eligibility rules change frequently. Our attorneys stay on top of all changes, so you can be sure you will always get the most up-to-date guidance from us. Consulting with our attorneys may enable you to retain a good…
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The U.S. Administration on Aging projects that 70% of Americans currently age 65 will need some form of long-term care in the future, be it at-home care, assisted living, or a nursing home. The average stay in long-term care is…
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We are delighted to announce that Attorney Jonathan D. Karp has been included in Best Lawyers magazine’s “Ones to Watch” list in the field of Trusts and Estates. The recognition is given to attorneys who have shown outstanding professional excellence…
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Many of us own tangible personal property that we want to leave to certain people. These items run the gamut. It can be jewelry, art, antiques, china. It can consist of collections of various sorts: baseball cards, stamps, coins, etc….
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Beginning in 2024 there are new estate tax numbers you should be aware of, particularly if you have a substantial estate that is taxable right now, or one that is likely to be taxable in the future. The Federal Lifetime…
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Four siblings are currently fighting over their mother’s estate. That is not an unusual occurrence. But unlike other estate battles, this one started a long, long time ago. In fact, sixty-six million years ago. On August 12, 1990, fossil hunter…
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