How to Double Your Estate Tax Exemption in 2011
In 2011, the Estate Tax is due to return with a 1 million dollar exemption (unified credit) and top tax rate of 55%. Without planning, this exemption is the same […]
Does Life Insurance Really Pass Tax Free?
As with most legal questions, the answer is maybe. Life insurance does pass income tax free, but it is still subject to estate tax. “But the estate tax has been […]
Estate Planning For Your Pet
In 2002 Florida enacted a provision that trusts could be created for the care of a pet. It has since been amended with the adoption of the Unified Trust Code, […]
Company Renewal Deadline
May 1st is the deadline to file annual reports with the Florida Department of State for Florida Companies. Late filings incur a late fee of $400, and continued failure […]
Traditional vs. Roth IRA: Should I Convert?
To be honest, we don’t know. We’re not financial planners. What we do know is that this is a very good year to take a look at conversion. Beginning in […]
What Happens to Out of State Real Property When Someone Dies?
For most property, the state in which you reside has jurisdiction over that property, and it will be administered according to the laws of that state. However, real property falls […]
Don’t Let Your Life Insurance Be Taxed
2011 Is Just Around the Corner 2011 seems like a long way away. Heck, 2008 isn’t even two months old. But if you’re looking at it from an estate tax […]