Boyes, Farina & Matwiczyk

561.694.7979

Notables

Will Planning In Palm Beach County Requires Careful Attention

…On May 16, in a post titled “Will planning in Palm Beach County: some things to remember,” we told you about some important things to recall alongside the will drafting process. In addition to those things, new reports indicate that closer attention to the will planning process may be beneficial to estate plans.

Read More

Proper Estate Planning Can Save Heirs Money In Florida

…Nobody lives forever. This is why it is important that people in Florida have a proper estate plan in place just in case something unexpected occurs. When a person dies without carefully crafting an estate plan, his or her heirs may be subject to a variety of unnecessary costs. Hence, it is a good idea to periodically undergo an estate planning checkup in order to ensure everything is in place for proper estate administration at the appropriate time.

Read More

Disclaimer Trust May Be Answer To Estate Tax Changes In Florida

…There are various aspects to consider when estate planning. One of these factors may require considering the tax implications of planning an estate. This is especially pertinent to some people, since previous cuts to the estate tax are set to expire at the end of this year if Congress does not act to extend them.

Read More

Farmers Worried About Effects Of Changes In Estate Tax

…It is undeniable that farmers make up an important segment of American society. They provide the nation with a reliable food source, allow us to avoid reliance on foreign food imports and also give us the means to import food products of American manufacture. In addition, farming is a cultural tradition, one that is passed down over countless generations.

Read More

Trusts Becoming More Popular For Estate Planning In Florida

…Planning one’s estate is an important endeavor, which should not be ignored. It is best to avoid procrastinating on making these decisions. Estate planning in Florida or elsewhere can come in many different forms. One form of asset protection which has seen an increase in popularity is using trusts. This method comes with a variety of advantages and useful qualities.

Read More

No Need To Procrastinate With Estate Planning In Florida

Many people are waiting until next year before dealing with planning their estate, since they do not know whether new estate planning laws will be in effect by next year. Some people in Florida with a higher amount of assets are uncertain how future laws will affect their estate planning decisions.

Read More

Guardianship Of Michael Jackson’s Children Will Be Shared

…After the “misunderstanding” that led to TJ Jackson being appointed emergency guardian of Michael Jackson’s children, the family has developed a plan for him to be a permanent co-guardian of the children. The crux of the plan is that Katherine Jackson, Michael Jackson’s mother, will be able to focus on raising the children, while TJ can focus on the financial and logistical parts of the guardianship.

Read More

Real Estate Investment Trusts Can Help Avoid Corporate Taxes

…A trust is a contract that specifies the terms in which a party is to control property or assets for the benefit of others, known as beneficiaries. The party or person in charge of the trust is known as the trustee. There are a variety of reasons and benefits to create trusts in Florida and elsewhere.

Read More

Guardianship Is Vulnerable To Abuse In Florida And Elsewhere

…When a person becomes incapacitated, he or she is not able to make financial and other important decisions for himself or herself. At this point it is sometimes necessary to appoint an individual who can be legally in charge of making these types of decisions for the person. In Florida, this agreement is known as guardianship, and it becomes the legal responsibility of the guardian to act in the best interest of the incapacitated person.

Read More

Democrats Drop Estate Tax Change That Would Also Affect Florida

…When a person dies and the decedent’s assets are transferred to another party, those assets are subject to taxation. The estate tax has been under scrutiny by lawmakers for the past several years. Some politicians want to continue the tax breaks started during the Bush administration; however, the Obama administration is proposing to end the Bush-era cuts on the estate tax, which could affect many in Florida.

Read More

wills-trusts-estates
business-litigation
actec
legal-specialty-certification
super-lawyers
distinguished
asla-logo