by Howard C. Stross | Mar 17, 2017 | Estate Planning, Trust Administration
The headline above could have easily read “A surviving spouse is personally liable for payment to the unpaid creditors of her late spouse’s estate.” Here, the unpaid creditor is the IRS. Federal and Florida laws include priority rules that tell the personal... by Howard C. Stross | Mar 10, 2017 | Advance Directives
You cannot always count on your doctors to have access to your electronic health records in a medical emergency. More particularly, your doctors will generally not have access to your advance directives, including your health care power of attorney and living will.... by Howard C. Stross | Jan 16, 2017 | Business Law
If you have not heard, the IRS has changed the due dates for filing federal tax returns for businesses. The changes are effective for 2016 tax returns prepared during the 2017 filing season. The modifications relate to pass-through entities, partnerships and... by Howard C. Stross | Oct 24, 2016 | Estate Planning
Action Step: Update your estate plan to reflect the new Florida digital assets law. Effective July 1, 2016, Florida now regulates a Florida citizen’s digital assets following their death or incapacity. This new law addresses access to and disposition of an... by Howard C. Stross | Aug 23, 2016 | Business Law
The Effect of a New Tax Rule on LLCs Taxed as Partnerships: If your LLC has two or more members and is taxed as a partnership, read on. If you do not want to pay tax for a tax year you were not a member of the LLC that is taxed as a partnership, pay attention to this...