With the campaign trail set to kickoff in the upcoming months, many tax-exempt organizations may be asking themselves whether or not they can get involved, and to what extent. The
A question we frequently get at our law office is how much taxes will be due when I die? Most people are surprised to find out that the answer to
Over a decade ago, our firm heard a story about a bad car accident involving a young Floridian in his freshman year at Penn State University in College Station, Pennsylvania.
The next time you open a new account or purchase a home, take a moment to contemplate how you want to title the asset, as the choice you make may
As discussed in last month’s blog, the Heckerling Institute on Estate Planning is a five-day long program which takes place in Orlando, Florida. In our prior blog, we discussed the
Topics for this year focused on: The Secure 2.0 Act; Inflation Reduction Act; lessons in estate planning for the middle rich; trust situs issues; installment obligations; firing clients; and the United States Department of Treasury Greenbook, which focuses on tax proposals for the upcoming year(s).
We all have that friend who loves to travel. Usually, that person is involved in some sort of company sponsored reward program that allows them to accumulate miles or points.
Community property means that all property acquired between spouses during a marriage will be presumed to be owned as an undividable 1/2 interest by each spouse. This is an important
Many families have created Private Foundations during their lifetime or at the death of a family member to carry out the family’s charitable intentions for an extended period of time.
In 2016, Florida enacted Chapter 740, a new law which became known as the law of Fiduciary Access to Digital Assets. This new law outlines the rules and procedures to
In today’s world, it is almost impossible to not have some sort of digital trail. A digital trail may include music, emails, frequent flyer points, family photos, videos, movies, information
One of the reasons people try to avoid probate in Florida is because the probate process provides the deceased person’s creditors with an open forum to bring claims against the
Nuptial Agreements are contracts made between parties, either before or after they enter into a marriage, which address asset ownership and distribution in the event of divorce or death. Nuptial
Living Wills and A Do Not Resuscitate Orders are often confused because both documents address an individual’s greatest fear: death. However, the two documents address vastly different scenarios. So, what
So, you are thinking about creating a new charity, also known as a tax exempt organization. There are several things you should keep in mind. The process to start a
A number of recent clients have expressed a concern about leaving their home to a child who has a judgement filed against them. The judgement could result from numerous places,
The phrase “checks and balances” might bring to mind the Founding Fathers, or memories from your middle school Social Studies class. However, a “checks and balances” system can also be
People move to Florida for an array of reasons. Whether to visit the beaches and the parks, to retire or just to escape the cold weather for a few months.
By Revis, Hervas & Goldberg P.A. On January 1, 2018, a new tax reform law became effective. It will affect the ability of many homeowners to deduct mortgage debt interest
By Revis, Hervas & Goldberg P.A. We hope that all of our clients and friends had a joyous holiday and were able to enjoy time with friends and family. With