by Randy Coleman | Aug 31, 2018 | Asset Protection, Disability Planning, Estate Planning, estate tax, Estate Taxes, No Will, Probate, Probate Law, Revocable Living Trusts, Wills and Probate |
According to court documents, legendary singer Aretha Franklin did not have a will when she died, despite reportedly having a son with special needs. The lack of a will opens up the intensely private singer’s estate to public scrutiny and unnecessary costs, and means...
by Randy Coleman | Apr 15, 2018 | Estate Planning, Pet Trusts, Probate, Revocable Living Trusts, Trustee, Trusts |
Estate planning is about protecting what’s important to you. Although much of the traditional estate planning conversation focus on surviving spouses, children, grandchildren, many pet parents wonder about what could happen to their “feathered children” after their...
by Randy Coleman | Mar 18, 2018 | Asset Protection, Beneficiary Designations, Discretionary Trusts, Estate Planning, Florida Asset Protection, Guardian of a minor child, Guardianship, Irrevocable Trusts, Revocable Living Trusts, Spendthrift Trusts, Wills & Trusts Law |
Most parents want to make sure their children are provided for in the event something happens to them while the children are still minors. Grandparents, aunts, uncles, and good friends sometimes want to leave gifts to beloved young children too. Unfortunately, good...
by Randy Coleman | Mar 10, 2018 | Asset Protection, Durable Power of Attorney, Estate Planning, Florida Asset Protection, Premises Liability, Revocable Living Trusts, Trust Administration, Trustee, Wills and Probate |
A comprehensive estate plan should address all of your assets, and if you own rental property it should include appropriate asset protection considerations. For most people, an estate plan must include three common categories: (1) your home; (2) financial accounts,...
by Randy Coleman | Jan 21, 2018 | Business Owners, Estate Planning, estate tax, Estate Taxes, Family Business, Florida Asset Protection, Income Taxes, Internal Revenue Service (IRS), Probate, Revocable Living Trusts, Small Business Law, Wills & Trusts Law |
The Tax Cut and Jobs Act (TCJA) is now officially law. Both the House and Senate passed the new tax reform bill in December with straight party-line votes and no support from Democrats. President Trump signed it into law right before Christmas. It is the first...