The Secret to Self-Cancelling Installment Notes
As experienced estate planning attorneys, we at Doane & Doane spend a great deal of time understanding the many estate planning investment vehicles out there. We are also well versed in those techniques that are used primarily to limit or even avoid altogether gift and estate taxes when giving assets to family members.
What Do Joint Tenants with Rights of Survivorship Mean?
Simply put, the answer to the question “What do joint tenants with rights of survivorship mean?” is fairly straightforward. In that question there are two basic concepts you need to know: 1. Joint tenancy; and 2. Right of survivorship. In this blog, we will discuss those two concepts in some detail. Because those terms are pretty important whenever you purchase [...]
Plan Early, and Plan to Access Assets That Are In a Trust
In a strange sort of way, estate planning is like going to the gym, going on a diet, or cleaning out that back room. Those do not seem to go together so how are they similar, do you ask? Well, they are all things that we know we should do, that we know are important for our lives, and that [...]
What Does Incapacity Mean in Florida?
It is never a pleasant thing to consider, but you would be wise to think about how your affairs and your person should be handled if you were ever to become incapacitated. In fact, several surveys have indicated that 81 percent of people report having thought about issues of incapacity, but only 33 percent report having actually completed important legal [...]
How Much Does Probate Cost in Florida?
Many estate planning attorneys, including the experienced probate attorneys in West Palm Beach at Doane & Doane, recommend that clients do what they can to avoid probate. Why do you ask? Well, in short, probate can be expensive. You might think that probate is absolutely necessary when someone has a last will and testament, but that is not always the case. [...]
How Can I Benefit from an Incentive Trust?
We all know that money is a pretty powerful device. Changes in tax policy incentivize people to save or spend their money in particular ways just so they can keep more of it. Take for example, electric cars. Electric car sales increased the moment that people received tax breaks for buying them.
Are We Ready for Electronic Wills?
Change can be difficult. It takes time to get used to new ways of thinking, or new ways of doing things. Yet, change is inevitable, particularly when it comes to technology. In this article, we will discuss the new law in Florida that allows people to create an electronic will. We will cover the basic details of the law, and [...]