President Biden signed The Inflation Reduction Act of 2022 into law on August 16, 2022. In its shortened form, the Act did not include or address many proposals that would have concerned members of the estate planning community and high-worth individuals and families. If you are concerned that you may need to change...

If you have a will in place, you may be wondering if you can make changes to it after it has been signed. Is it advisable to make a handwritten change to a will without an attorney? The answer is you should make revisions to a will after consulting with an attorney to ensure...

If you are considering preparing a will, trust or other directives, you may wonder if you need to hire an estate planning attorney. While many attorneys may be generally know about wills, not every attorney specializes in estate planning. Estate planning can involve complex issues best handled by an attorney familiar with estate and...

529 Plans that can help pay college expenses for a grandchild come with both advantages and disadvantages. When used strategically, these tax-advantaged plans can reduce gift and estate taxes as well as taxes on gains or withdrawals. Unfortunately, owning a 529 Plan could make you ineligible for Medicaid, including Florida Medicaid long-term care benefits.

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Usually, business succession does not go well without a plan. Eventually, business succession will happen with or without a plan because we are all mortal. When you think about all the work you put into building and running your business, you owe it to yourself to develop a plan for how you will step...

Many Floridians who engage in estate planning use trusts for various reasons. Trusts can limit tax exposure, take certain property out of the probate process, or be used for Medicaid planning. Working with a Florida estate planning attorney to prepare a trust is a good first step. However, after all the paperwork is done,...

Age gaps between spouses are common. Spouses may be a few years apart in age. However, some couples may have a significant age gap, which could impact specific issues such as retirement planning and estate planning. A Florida estate planning attorney helps you develop a plan that meets your needs and desires, regardless of...

In many families, the family dynamic can include the dramatic elements of one child being the favorite and another child getting cut out of a parent’s will. When a child gets disinherited because of favoritism toward another child or a broken relationship between the disinherited child and the parent, that child often wants to...

Receiving a windfall like a personal injury settlement can be something that an older adult dreams of, until the fallout from the settlement starts. If you receive Medicaid benefits and rely on that for your health insurance and eligibility for other public assistance programs, getting a personal injury settlement could disqualify you from the...

One of the first things you should do after getting a divorce is to change your will, trust, and other estate planning documents. It is easy to procrastinate on doing so because you might find yourself busier than ever with your new lifestyle and because you might feel emotionally wrung out and tired of...