Study after study confirms that tax savings are mainly a secondary donor goal for charitable giving. More importantly, in a gifting decision, the donor believes that the gift will have the desired...
Category: Estate Planning Articles (2022)
A Primer on Elder and Vulnerable Adult Financial Exploitation
More than 334,000 scams and financial abuse cases targeting the elderly are reported to authorities every year with an estimated $6.3 billion in damages. However, it is estimated that only 1 in 44...
Marie, art collector, businesswoman, and philanthropist, passionately supports entrepreneurship of underrated women artists. Her splendid collection represents 15% of her total wealth, but more...
Proper estate planning is an essential consideration for everyone and particularly important for unmarried partners. While Florida law can protect the interests of a surviving spouse in the...
Portability, an Often Overlooked Way to Save Estate Tax for Married Couples
We begin by understanding that every US person has a lifetime allowance for the transfer of wealth (either during lifetime or at death). This allowance is the Applicable Exemption Amount, but...
Effective July 1, 2021, Florida enacted the “Community Property Trust Act” (the “Act”) which now enables married couples to take advantage of certain planning benefits not previously afforded...