Looking at how often the terms wills and trusts are used for one another, you might begin to think that they are interchangeable. But the truth of the situation is that these two terms mean very different things. Let’s take a look at what those differences are. When Wills and …
Read MoreDo You Benefit from the New Estate Tax Law Changes in 2018?
Under the new estate tax law changes, clients may not be aware that we can now help them pass more wealth to the next generation and to charities. What Changes Have Been Made to the Estate Tax Law? So, under the new tax reform act, they made some changes to …
Read MoreFlorida Probate Rules: What You Need to Know
If a loved one has passed away and you’re left with the will, how do the Florida probate rules affect the process? The answer to this question depends on a number of factors, which we will get to in a minute. The first thing you should know is that if …
Read MoreKeep Your Money in the Family: 4 Estate Planning Strategies
You work hard for your money and the property that you own, but you don’t have to worry about estate taxes. After all, a single person can have up to $11.2 million in assets before having to even think about Uncle Sam getting a share, right? Well, yes, that’s true. …
Read MoreHow to Acquire a Business Properly: Some Examples
So there are three steps in how to acquire a business. The first is how you’re going to create your entity to acquire that business. The second step is the due diligence process, which is where clients get to investigate the business they’re going to buy and look at the …
Read MoreWill a Partnership Agreement Give Me a New Partner? Some Scenarios
The rules for partnerships vary from one organization to the next, largely due to whether a partnership agreement exists. Under the existing regulations, if your partnership does not have a written, signed agreement, the partnership will dissolve if one of the partners dies. If that partner has left his share …
Read MoreWhat Does an Estate Planning Attorney Do? Plan for the Future
You’ve probably heard a lot about creating a will and an estate plan. But perhaps you’re not quite sure what exactly an estate planning attorney can do for you. You might think planning starts and stops with drafting a last will and testament, but the truth is, an attorney in …
Read MoreLiving Will: Planning Now Could Spare Your Family Some Grief
My name is Alejandra Moreno from Casal and Moreno, and I’m an estate planning, guardianship, and probate attorney, and as part of my estate planning practice, I also focus on living will and other end of life matters. We had a couple. The husband did everything for his wife. He …
Read MoreCan My Business Survive without Me? Not Without a Business Succession Plan
The importance of a business succession plan: You’ve worked practically nonstop since starting your business to get to where you are today. The sacrifices you’ve made—sacrifices to your social life, mental well-being, and most likely your physical health—have been difficult, but they were totally worth it, right? If given a …
Read MoreForeign National Buying a Business in the U.S.: What to Consider
We’re helping clients—foreign nationals buying a business in the United States that are coming to a foreign country where they don’t have the knowledge that they have from their own country—navigate very complex tax and business laws in order to build the most efficient tax and legacy structure possible for …
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