Miami asset protection attorney

Comprendiendo Fideicomiso de Vida Para Residentes de la Florida

Published on: January 25, 2014 | by Rarick & Bowden Gold

By Phillip B. Rarick, Esq., Miami Trust Attorney

¿Qué es un fideicomiso de vida? ¿Cómo ayuda a evitar la legalización? ¿Por qué la mayoría de familias están usando un fideicomiso de vida en vez de un testamento para proporcionar para sus queridos? Estas preguntas y muchas más tienen respuesta en nuestro informe popular, Comprendiendo Fideicomiso de Vida Para Residentes de la Florida.

Gracias a nuestra asistente legal Jacqueline Bowden, y nuestra pasante Tamara Bauza, ahora tenemos disponible una traducción en español del informe. Para obtener una copia haga clic aquí: Comprendiendo Fideicomiso de Vida Para Residentes de la Florida.

Allocation Of Wrongful Death Proceeds In Florida Probate

Published on: October 30, 2013 | by Rarick & Bowden Gold

By Phillip B. Rarick, Esq., Miami Probate Attorney

I. Determining Survivors

The personal representative has a duty to bring an action for the wrongful death of the decedent. F.S. 768.20. The Act provides for damages for the estate and “survivors”. Survivors include the surviving spouse, “minor children” under 25 years of age, and in some instances parents.

When Do You Need To File Notice Of Change Of Ownership Or Control (Form DR-430) For An Entity Owning Florida Real Estate?

Published on: October 30, 2013 | by Rarick & Bowden Gold

By Phillip B. Rarick, Esq., Miami Trust Attorney

Summary:

The following Alert discusses the Florida real estate form DR-430 required to be filed upon the cumulative transfer or control of more than 50% of the legal entity that owned the property, or transfer of more than 50% of ownership interest.

A Tribute To The Greatest Generation

Published on: October 28, 2013 | by Rarick & Bowden Gold

By Phillip B. Rarick

This summer my family had the opportunity to travel to France. It was a busy trip, and we saw many spectacular works of art and architecture by past generations of artists.

The most special trip was our visit Normandy, where a generation of Americans representing the diversity of this country, challenged and beat back one of the darkest forces ever assembled in human history. Here are a few pictures from this trip.

The “Son-In-law Problem”: Keeping Your Wealth Safe – And Out of Reach From Your Daughter’s Husband

Published on: October 22, 2013 | by Rarick & Bowden Gold

By Phillip B. Rarick, Miami Asset Protection Attorney

Let’s face it. If you have adult children, now married or considering marriage, you are a little concerned that your daughter’s husband could someday inherit your hard earned wealth. (Or maybe it’s your son’s wife.)

So, how do you protect your property, and make sure it goes to only your adult children (or your grandchildren) and not your child’s spouse?

Asset Protection In Florida, Part 3: The Asset Protection Ladder

Published on: October 12, 2013 | by Rarick & Bowden Gold

By Phillip B. Rarick, Esq., Miami Asset Protection Attorney

Click Here: Part 3: The Asset Protection Ladder

Note: PowerPoint Presentation will appear in bottom task bar.

Asset Protection In Florida, Part 2: Tenancy By Entireties

Published on: October 12, 2013 | by Rarick & Bowden Gold

By Phillip B. Rarick, Esq., Miami Asset Protection Attorney

Click Here: Asset Protection in Florida – Part 2 – Tenancy By Entirety

Note: PowerPoint Presentation will appear in bottom task bar.

Asset Protection In Florida, Part 1: Homestead and Other Protected Assets

Published on: October 12, 2013 | by Rarick & Bowden Gold

By Phillip B. Rarick, Esq., Miami Asset Protection Attorney

Click here: Part 1 – Homestead and Other Protected Assets

Note: PowerPoint Presentation will appear in bottom task bar.

Asset Protection in Florida: Practical Tips for Small Business Owners

Published on: October 9, 2013 | by Rarick & Bowden Gold

By Phillip B. Rarick, Miami Asset Protection Attorney

On occasion, I am invited to speak to small business groups regarding tips on how best to protect your business and investments from rogue lawsuits – or any lawsuit.

Those who have heard my presentation know about the basketball that I bring to each presentation. I coached youth basketball for many years, and one of the first points we drilled was protecting the “rock” or the ball. To win games, you better first protect the rock.

40%: The Big Tax Hit On Foreign Buyers

Published on: August 1, 2013 | by Rarick & Bowden Gold

Real estate attorneys and professionals are without a doubt familiar with the FIRPTA withholding rules on U.S. property sales and rental income for foreign investors. The technical term for such investors is “non-resident alien”; this is an investor who does not hold a green card and meets other requirements.

Taxes that are often over-looked before a foreign investor purchases property in the United States are the Federal estate and gift taxes on foreign investment. While welcoming foreign investment, the U.S. nevertheless imposes a high estate and gift tax on the portion of the foreign individual’s gross estate – those assets controlled by the taxpayer and situated in the U.S. – that exceed $60,000. (For U.S. citizens this exemption is now $5.25 million.)

The tax rate is 40% for all assets in the gross estate over $60,000.