Most Florida residents know about the homestead exemption, the state’s property tax benefit that reduces the assessed value of a primary residence. Fewer know about homestead portability. When you sell your current home and purchase a new primary residence in…
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Do you know who your children are? From an estate planning perspective, the answer may not be as obvious as you think! Inheritance rights under Florida law depend on your child’s status in relation to you. Is the person your…
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Under Florida and federal law, a competent adult has the right to choose the kind of health care he/she wishes to receive, reject, or discontinue. Your advance health care directives are documents that tell your family and physicians your preferences…
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Congratulations to all the attorneys of The Karp Law Firm! Joseph S. Karp, Jonathan D. Karp and Adele C. Harris have been included in Palm Beach Media Group’s 2023 List of Top Lawyers. The Top Lawyers list is based on…
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The current Unified Estate Tax and Gift Tax Exemption allows you to pass $12.92 million, tax-free. This can include tax-free gifts you make during your lifetime, or bequests made after your death, or a combination of the two. A married…
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Your Personal Representative is the person you select to administer your probate estate after you pass on. Often referred to as an “executor” in states other than Florida, a Personal Representative must be named in your Last Will & Testament….
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Talk about fat cats! When Nancy Sauer died last year at age 84, her precious felines became instant millionaires. Widowed and having outlived her only child, the Tampa resident lavished love on her seven Persian cats: Leo, Midnight, Napoleon, Cleopatra,…
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Florida has made another change to its Medicaid rules for nursing home benefits. The rule change applies to married couples when one spouse is in a nursing home and receiving Medicaid benefits. The spouse who is not in a nursing…
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“Queen of Soul” Aretha Franklin died in 2018 at age 76 . To the world, the “Respect” singer left a remarkable musical legacy. To her sons, she left a painful legal conflict that dragged on for nearly five years. …
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Florida has just announced an increase in the Personal Needs Allowance for individuals receiving Medicaid benefits for custodial nursing home care. The new figure is $160 per month, up from $130. The updated figure went into effect on July 1,…
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