by Howard C. Stross | Apr 14, 2014 | Estate Planning
The Florida Supreme Court recently issued an opinion in Aldrich v. Basile, which may make you think twice before you attempt to use a last will and testament form to write your own will. With the proper instruction, you can do some things yourself, such as change your... by Howard C. Stross | Mar 3, 2014 | Estate Planning
A power of attorney is a powerful legal document. The person signing the document is called the principal. In the document, the principal is delegating authority to an agent to act on the principal’s behalf. When is a Power of Attorney effective? In Florida, a... by Howard C. Stross | Jan 24, 2014 | Estate Planning
Capital gains tax is assessed on the profit, or gains, when an asset is sold. Capital gains tax is based on the difference between an asset’s basis, which is usually the purchase price, and its sales price. For example, Bill and Mary buy a rental home for... by Howard C. Stross | Jan 10, 2014 | Estate Planning
After you’ve signed your will, the next important decision is where to store your will and other original estate planning documents. Your loved ones need to be able to easily find the original documents when needed. Downton Abbey fans who tuned in to the two... by Howard C. Stross | Dec 16, 2013 | Estate Planning
Have you ever dealt with someone who tells you what they think you need without discussing what you want? They assume their solution is correct so they do not counsel you as to any other options. The federal estate tax exemption is increasing to $5,340,000 in 2014 so... by Howard C. Stross | Nov 18, 2013 | Estate Planning
Some estate planning attorneys have said that credit shelter trusts are no longer needed. A credit shelter trust is a strategy where the first spouse to die leaves property to the survivor in a trust not included in the survivor’s estate at his or her death. An estate...
