Boyes, Farina & Matwiczyk

561.694.7979

Tagged: estate tax

Portable Estate Tax Made Permanent In Florida And Other States

…Lawmakers are always constantly changing the laws which govern the nation. Most recently they passed new laws which made a significant difference in estate tax planning strategies in Florida and other states. The American Tax Relief Act of 2012 (ATRA) was passed in early January 2013 by lawmakers and then was promptly signed into law by the president.

Read More

Variety Of Options Available For Estate Tax Planning In Florida

…When one considers planning of an estate, he or she wants to make sure that his or her assets are properly transferred to intended beneficiaries after death. However, another aspect to consider in estate planning is estate tax planning. Most people in Florida and elsewhere will want to do everything possible to minimize the estate tax liabilities for their intended beneficiaries.

Read More

Life Insurance Trusts May Help Avoid Estate Taxes In Florida

…There are many strategies that a person may utilize to plan an estate. Along with a last will and testament, many people in Florida and elsewhere are utilizing life insurance policies and even life insurance trusts in order to achieve their estate planning goals. This can allow people to help their heirs avoid paying additional taxes which they may not have to.

Read More

Gifts During Life Can Support Good Estate Tax Planning

…It almost seems counter-intuitive, but giving gifts can be a positive contribution to many estate plans. In Florida as well as elsewhere, estate tax planning and other objectives can be served by gift-giving. This is first of all a tool that can be appropriately used to transfer assets out of a person’s estate while he or she is living.

Read More

New Law Helps Estate Planning For Farmers In Florida

The recent bill which was designed to avoid what was termed as the ‘fiscal cliff’ made significant changes to the tax policies in the U.S. Many people in Florida who were concerned with estate planning were watching to see if there would be any changes in the way estates are taxed.

Read More

Some Democrats Oppose White House Estate Tax Plan

…The subject of taxes was a contentious topic during the recent elections. There was much argument in Florida and elsewhere regarding whether the extremely wealthy in the U.S. were paying their fair share of the tax burden. A major part of the debate was the estate tax, which is mostly paid by the wealthier Americans on assets obtained through inheritance.

Read More

Hoarders Can Make Estate Planning And Administration Tricky

…When a loved one passes away, the person’s family is usually left behind to sort through the estate. For those who were hoarders and extreme collectors, following through on the their estate planning instructions may be challenging with the overwhelming amount of belongings stored up. At first it can be shocking for those in Florida and elsewhere to see how their loved one’s hoarding impacted his or her living environment.

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

Estate Tax Planning Doesn’t Have To Be The Focus Of Estate Plans

…Florida residents who have engaged in the estate planning process may be aware that it is more complex than merely deciding who gets the family condo or grandmother’s prized china. In fact, there may be more variables to the process than most people realize when they get started, such as estate tax planning, which is a serious aspect of estate planning that should be carefully considered to ensure that no errors are made and tax liabilities are considered correctly.

Read More

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