Blog

What Is a Self-Cancelling Installment Note?
Good estate planners are focused on finding techniques that can minimize or possibly even eliminate gift and estate taxes when transferring assets to family members. That is because the transfer of wealth through a last will and testament and the probate process can be expensive, time consuming, emotionally draining, and heavily taxed.
Can I Avoid Guardianship Pitfalls?
The Grants, happily married for 58 years, were enjoying their time in an “active adult” community with a great view of the woods, a view they enjoyed immensely.  In the morning, John Grant enjoyed reading the Times, or catching up on the latest best-seller, while his wife Judy would take her time applying her makeup for the day, struggling given [...]
What is a Grantor Retained Unitrust?
You want the best for your children.  You want to make sure that they have everything they need for the future.  The way to accomplish that is through fashioning an effective estate plan that maximizes the amount of assets left for your family when you pass, and minimizes the time and expense that comes with unwinding an estate.
How Would Divorce Impact an Estate Plan in Florida?
We all know that “the only constant in life is change.”  No matter how hard we try to square things away, make sure we leave no stone unturned, and consider all the contingencies, life always seems to throw us a curve ball.
Can You Amend an Irrevocable Trust?
Typically, you cannot amend an irrevocable trust.  But, as they say, there is an exception to every rule.  So, this article is going to take a little time to discuss the meaning of an irrevocable trust, and then discuss exceptions that might make a trust a little less “irrevocable.”
What Is a Pour-Over Will?
A “pour-over will” is a special kind of last will and testament.   It works in conjunction with a revocable trust, and it is worth considering in your estate plan.  This blog will get you familiar with all the basics of a pour-over will. 
Life Insurance Beneficiary – What are the Probate and Tax Consequences?
As a beneficiary of a life insurance policy, you may have a number of questions regarding how the money you receive when the insured passes is handled, and taxed.
Prenuptial Agreements: Are They Legally Binding?
Did you know that not too long ago many states prohibited the use of prenuptial agreements? That may seem strange today, but the reasoning in our society a few decades ago was that prenuptial agreements made married couples more likely to divorce.
Succession Planning = Planning for Success of Your Family-Owned Business
As one of the most prominent Palm Beach, Florida attorneys handling estate and succession planning issues, we at Doane & Doane work with some clients with amazing stories to tell. One of our clients recently came to us with a problem – planning for the continuation of his family-owned business after his death.
Medicaid Matters: 5 FAQs
As we age, we need to consider what assets and income sources are available to us for long-term care and nursing home care.  Of course, we have all heard the stories about nursing homes that have a graduated payment system for the elderly, which typically results in washing away a person’s life savings.  That unfortunate reality leaves many family members [...]