by Howard C. Stross | Sep 18, 2023 | Asset Protection, Estate Planning, Probate, Trust Administration
When it comes to estate planning in Florida, it’s essential to recognize that the strategies of the past might not provide the protection your estate needs in today’s complex world. While traditional estate planning tools like wills and beneficiary...
by Howard C. Stross | May 22, 2023 | Asset Protection, Real Estate
Florida’s Constitution protects homestead property from creditors, restricts who and how one may receive the homestead at the owner’s death, exempts the homestead from some real estate tax, and caps annual tax assessment increases at three percent or the CPI whichever...
by Howard C. Stross | Oct 26, 2022 | Asset Protection, Business Law, LLC, Real Estate, Small Business
To avoid probate with a trust-based estate plan, ownership of real estate must be transferred so it is an asset of the trust. In asset protection planning, ownership of real estate might be transferred to a legal entity such as a limited liability company (LLC)....
by Howard C. Stross | Oct 5, 2022 | Asset Protection, Estate Planning
How well do your children and grandchildren get along with each other? Do they seem to have friendly differences or do they argue at every family gathering? If you notice family members don’t get along well, your heirs may argue and fight over your estate when you...
by Howard C. Stross | Mar 11, 2022 | Asset Protection, Estate Planning
If you like to read footnotes to support what is stated in a blog post, you will not find any in this article. What you will find in this post are the questions to ask yourself to see if there is a good chance your beneficiaries will argue and fight over money when a...
by Howard C. Stross | Jan 5, 2022 | Asset Protection, Estate Planning, Probate, Real Estate
Family dynamics can change drastically when a parent passes away. If a surviving spouse remarries, the question of what happens to the family home can make the dynamic among the children and the new spouse complicated. As a part of the estate plan, setting up a trust...