Articles Posted in Estate Planning

Does a Florida Land Trust Provide Asset Protection? By Phil Rarick, Weston Trust Attorney, and Jasmine Benitez, Legal Assistant Many real estate investors wrongly believe that a Florida Land Trust can offer asset protection. While this type of trust is known for providing privacy and simplifying estate planning, they do not provide comprehensive protection from…

Is a Handwritten Will Valid Under Florida Law? By: Jacqueline R. Bowden Gold, Miami Lakes Estate Planning Attorney When planning for the future, a crucial step is ensuring that your wishes are respected after your death. This often involves creating a will. However, not all wills are created equal, and understanding the types of wills…

Celebrities Who Died Without a Last Will The Importance of Estate Planning By: Jacqueline R. Bowden Gold, Miami Estate Planning Attorney When we think of celebrities, we often envision lives of glamour, wealth, and success. However, many high-profile individuals have passed away without taking a crucial step that could have spared their families years of…

Incorporating Cryptocurrency into Your Estate Plan By: Jacqueline R. Bowden Gold As cryptocurrency continues to grow in popularity, it has become an increasingly important asset class for investors. However, many people overlook the complexities involved in incorporating digital assets into their estate plans. Unlike traditional assets, cryptocurrency presents unique challenges and considerations. Here’s a guide…

A Crucial Tool for Estate Planning By: Jacqueline R. Bowden Gold, Miami Estate Planning Attorney Step-up in basis is a tax provision in the United States that can significantly benefit those who inherit assets. By resetting the value of an inherited asset to its fair market value at the time of the decedent’s death, this…

By Jacqueline R. Bowden Gold, Miami Estate Planning Attorney Many people are concerned about their family avoiding probate upon their passing, but how can you avoid guardianship proceedings? As people age, the risk of cognitive decline and physical disabilities can sometimes necessitate guardianship, where a court appoints someone to make decisions on behalf of the…

By: Jacqueline R. Bowden Gold, Miami Lakes Estate Planning Attorney When preparing an estate plan everyone plans for distribution or preservation of their assets to make sure their minor child, adult child or families are taken care of. People often overlook planning for the event of being mentally incapacitated and asking this important question: What…

by: Phillip B. Rarick, Esq. We have been helping small business owners survive and thrive – in good times and bad – for over 25 years. Here is how we may be able to help you in this current challenging business environment. 1. Contract Review and Force Majeure. A Force Majeure clause is a standard…

by: Phillip B. Rarick, Esq. Here is the good news/bad news I received from my bank today regarding my Paycheck Protection Program (PPP) Application: The good news: your application has been approved; the bad: the SBA is out of money and you must wait for Congress to refund the program! Although I have heard of…

by: Phillip B. Rarick, Esq. The Covid-19 Pandemic has changed the world as we know it and presented daunting challenges we have not encountered in our life time. It requires a total review of your estate plan and business entities to assure you are taking full advantage of Florida laws designed to protect your family…