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 […]

Legal And Binding Contracts

Contracts are agreements between persons or legal entities in which one party agrees to perform a service or provide a good in exchange for the payment of money or other goods or services. An agreement to do something is not necessarily binding. It is a binding contract if you agree to make an exchange of […]

Buying A Home

Buying a home may be the biggest single investment of your lifetime. Your life’s savings may be invested in this one venture. Thus, it is extremely important that you, the prospective buyer, use the greatest caution in buying a home. For your protection, consult a real estate lawyer before you sign a purchase contract. The […]

Debtors’ Rights in Florida

You can’t go to jail for failing to pay a debt or a judgment. If you do not pay a debt or if a judgment is entered against you, this information can be reported to the credit bureau and made a part of your credit history. The credit bureau can report this information for seven […]

Divorce In Florida

CAN YOUR MARRIAGE BE SAVED? Before you take any legal steps to end your marriage, you should make sure that you have tried all possible ways to save it. Do you want professional help in working out ways to save your marriage? Many communities and social and religious organizations offer counseling services either free or […]