ABLE (Achieving a Better Life Experience) accounts allow individuals with disabilities to save in a tax-advantaged account without jeopardizing eligibility for Medicaid or other federal benefits. Funds in an ABLE account may be used only for qualified disability-related expenses and…
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Florida has passed the Electronic Documents Act (HB 409). Signed by Gov. DeSantis on June 7, 2018, it allows for electronic signing, witnessing and notarization of wills and other estate planning documents, and outlines strict standards that must be followed…
moreOur law firm is co-sponsoring this wonderful event!
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Blended family? Better pay close attention to your estate planning! Inheritance conflicts between stepparents and grown stepchildren are common. And since women tend to outlive men, it’s usually the stepmother at the center of the controversy. It’s usually the stepmother…
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Effective January 1, 2018, a comprehensive tax reform bill took effect. It is the most sweeping change to the tax code in 30 years, since the 1986 tax reform legislation under President Reagan. Will this new law have the same…
moreEstate Tax Exemption Changes, But Not Permanently 1-1-2018 – Effective January 1, 2018, the federal lifetime estate and gift tax exemption has doubled. An individual may now pass $11.2 million estate tax free. With portability, a married couple may pass…
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Effective January 1, 2018, the Internal Revenue Service raises the total amount that may be contributed to an ABLE account to $15,000 (was $14,000). The ABLE account (“Achieving a Better Life Experience”) allows an individual with disabilities to save in…
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When country music legend Glen Campbell was living, his family feuded over control of his money. Now that he’s gone, they are likely to continue feuding over it – just on a new front. Considering the singer had eight children…
moreAttorney Joseph S. Karp has been recognized by Florida Trend magazine as Florida’s “Legal Elite.” This is the eighth consecutive year that Mr. Karp has been so honored.. Legal Elite status is conferred on the basis of both outstanding professional achievement…
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The living trust, also known as the intervivos trust or revocable trust, is a useful and popular estate planning tool in Florida, and rightly so. Here are some of the key advantages of this versatile legal instrument. And also, some…
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