by Randy Coleman | Jun 10, 2011 | Business Owners, Estate Planning, Family Business |
A recent article at Forbes.com, Estate Planning for Women (and the Men Who Love Them)”, is a very informative, and perhaps even provocative article. I encourage all of my readers, clients, colleagues and financial advisors to take the time to read the article....
by Randy Coleman | Jun 9, 2011 | Asset Protection, Business Owners, Family Business, Physicians and Asset Protection |
An article in today’s Open Forum, by American Express, provides an analysis, and warning, for small business and family business owners about the potential liability pitfalls there are with regard to employees, and the regulation of employment relationships...
by Randy Coleman | Jun 7, 2011 | Asset Protection, Discretionary Trusts, Domestic Asset Protection Trusts, Estate Planning, Estate Taxes, Gift Tax, Income Taxes, Irrevocable Trusts, Life Insurance Protection |
Last night was a very interesting evening. As the guest of my good friend Dennis Rosa, a wealth manager at Morgan Stanley Smith Barney, I attended Morgan Stanley’s annual gift to the Northeast Florida community of bringing Andy Friedman to town. Andy...
by Randy Coleman | May 31, 2011 | Advance Directives in Florida, Designation of Health Care Surrogate, Durable Power of Attorney, Elder Care, Estate Planning, Guardianship, Health Care Power of Attorney |
A recent article at Forbes.com is a reminder to all of us who have aging parents that eventually our parents shouldn’t be driving anymore. Taking the keys from Mom and Dad is never an easy thing to do, but is often necessary. The story from Forbes is...
by Randy Coleman | May 23, 2011 | Estate Planning, Probate, Wills and Probate |
A survey recently conducted by the website Rocket Lawyer reveals that 57% of all adults in the US do not have either a will or a trust in place. That’s actually a better result than most surveys previously conducted which show as much as 70% of the adult...
by Randy Coleman | May 21, 2011 | Veterans Pension Benefits |
As we celebrate Armed Forces Day today in Jacksonville, and as Memorial Day approaches, and we prepare to honor those who have sacrificed their lives for our country, we need also to honor those who served and are now elderly or disabled, and on a fixed income. ...
by Randy Coleman | May 15, 2011 | Advance Directives in Florida, Durable Power of Attorney, Elder Care, Estate Planning, IRAs, Retirement Accounts |
An article in Saturday’s Wall Street Journal, “Power Grab,” reminds us that one of the most useful estate planning tools is the durable power of attorney. However, without some guidance – and some controls – a durable power of...
by Randy Coleman | May 11, 2011 | Elder Care, Estate Planning, Retirement Planning |
A recent book release is one that should be of interest to all seniors and their advisors. It discusses the challenges we face as we grow older. The authors employ an engaging and often humorous tone, in New Times, New...
by Randy Coleman | May 8, 2011 | Elder Care, Medicaid Planning, Medicaid Qualified Irrevocable Income Only Trust, Nursing Homes, Personal Care Contracts |
The Florida legislature passed a fairly massive overhaul of the Medicaid law in Florida last Friday just before adjourning this year’s legislative session. The Florida Senate President called it “a momentous moment and the most comprehensive reform...
by Randy Coleman | May 2, 2011 | estate tax, Estate Taxes, Income Taxes, Individual Retirement Accounts, Internal Revenue Service (IRS), IRAs, Retirement Accounts, ROTH IRAs |
As everyone is generally aware, Congress and state legislatures are in session and passing new laws. Unfortunately, many of them are laws dealing with increasing taxes, directly or indirectly. In other words, the statutes governing taxes at the federal,...
