by Randy Coleman | Jul 23, 2013 | Estate Planning, Estate Taxes, Irrevocable Trusts, Life Insurance Protection, Probate, Special Needs Trusts, Spendthrift Trusts |
There has been a lot of discussion about James Gandolfini’s will and his estate planning – or perhaps lack of estate planning might be more accurate. A Forbes article a couple of days ago outlines the biggest shortcomings of Gandolfini’s estate...
by Randy Coleman | Mar 13, 2013 | Asset Protection, Beneficiary Designations, Estate Planning, Income Taxes, Individual Retirement Accounts, IRAs, Irrevocable Trusts, Retirement Accounts, Retirement Planning, Revocable Living Trusts |
Many people have large IRAs and retirement plan accounts and need special estate planning for these assets. A 2009 study by the Investment Company Institute found that retirement plans account for 34% of all household financial assets, up from 14% in 1978; IRAs alone...
by Randy Coleman | Nov 4, 2012 | Asset Protection, Business Owners, Business Succession Planning, Estate Planning, estate tax, Estate Taxes, Exemption Planning, Family Business, Gift Tax, Intentionally Defective Grantor Trusts, Internal Revenue Service (IRS), Irrevocable Trusts, Premarital Agreements, Revocable Living Trusts, Small Business Law, Trustee, Wills and Probate |
We have discussed the 2012 tax-saving opportunity quite a bit here lately. You can read previous posts here and here. This article continues our conversation by providing our clients and readers a number of factors to consider when deciding whether to gift or not to...
by Randy Coleman | Aug 30, 2012 | Discretionary Trusts, Estate Planning, estate tax, Estate Taxes, Exemption Planning, Gift Tax, Irrevocable Trusts, Retirement Planning, Revocable Living Trusts, Wills and Probate |
Legislation in effect until December 31, 2012 makes the present a particularly important time for tax planning. In late 2010, Congress passed and the President signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010...
by Randy Coleman | Feb 24, 2012 | Advance Directives in Florida, Designation of Health Care Surrogate, Estate Planning, Health Care Power of Attorney, Irrevocable Trusts, Living Will, Titling of Assets, Trust Administration, Trust Litigation, Trustee |
If you can get past the swooning over George Clooney, this year’s five time Oscar nominee “The Descendants” is really about estate planning. In the movie plot, Clooney’s character’s ancestors left valuable Hawaian real estate in a...
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...
