by Howard C. Stross | May 25, 2018 | Estate Planning, Trust Administration
When is the Power of Attorney Effective? In Florida, a power of attorney signed after October 1, 2011, is effective immediately. This means you do not have to be incapacitated for your agent to act on your behalf. This can be helpful if you are out of town for an...
by Howard C. Stross | Mar 16, 2018 | Estate Planning, Trust Administration
As lawyers who offer estate planning services, sometimes a potential client will ask if they really must use a lawyer to help plan their estate. With the availability of internet searches, a person shouldn’t need a lawyer, right? No, You Are Not Required to Use An... by Howard C. Stross | Jul 24, 2017 | Estate Planning, Probate, Trust Administration
We receive frequent requests to prepare a deed to transfer ownership of one’s Florida homestead to their revocable living trust. The reason for the request is always to avoid having one’s homestead involved in probate. Before you make the decision to transfer... 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 | Feb 26, 2016 | Business Law, Estate Planning, Small Business, Trust Administration
NOTE: This is the second blog in a series on business succession planning. If you have not read the first blog of this series, please do so before reading this second part. Click here: What Will Happen to Your Business if …? You, the business owner, have built a...
by Howard C. Stross | Feb 18, 2016 | Business Law, Estate Planning, Small Business, Trust Administration
This post is the start of a discussion about business succession and the personal effect on the business owner. The intent here is to help the business owner identify the commitment she/he must have to deal with the “what ifs” in transitioning from a business owner’s...