Lakewood Ranch: What is an Irrevocable Trust?

Lakewood Ranch: What is an Irrevocable Trust? When you decide to plan your estate, you will be presented with several options. One of these options is an irrevocable trust. What are irrevocable trusts and how can they benefit you and your beneficiaries? This type of trust is one that, once signed, cannot be changed. This […]

Probate Administration Professionals You Can Trust in Venice

Probate Administration Professionals You Can Trust in Venice Probate administration kicks in when a person passes away and they have debts and assets at the end of their life. When there is a will, these assets are handled according to the laws of an area, and the requirements set forth in the will. This is […]

Is a Simple Will in Lakewood Ranch Right for You?

Is a Simple Will in Lakewood Ranch Right for You? Simple wills are for uncomplicated estates and they allow your assets to be given outright to those named. One advantage to such a will is that if you change your mind about how your assets are to be distributed or your assets change, you can […]

Will Work for Food

You may not be aware, but many children in our area that rely on schools for food go without in the Summer months. Based on the concept “charity begins at home,” we have agreed to display a food collection box in our office for the All Faiths Food Bank. Of course, this doesn’t do any […]

Estate and Gift Tax Exemptions for 2016

  As of 2016, the following Estate and Gift tax exemptions are in effect: Estate Tax Exemption – $5,450,000 (U.S. Citizens and Residents) Annual Gift Tax Exemption – $14,000 (U.S. Citizens and Residents) Gifts Between Spouses – Unlimited (U.S. Citizens only) Nonresident Alien Estate Tax Exemption – $60,000 (may be subject to foreign treaty) Gifts to […]