state law

What You Need to Know About Irrevocable Trust Planning

Irrevocable Trust Planning

As perhaps a universal rule, clients desire to retain the flexibility to change their estate plans. Changes may become desirable as family members are born or die, as estates increase or decrease, as desires and objectives change, and as other life events occur. Irrevocable trust planning refers to a subset of estate plans in which […]

Tags: , , , , , , , ,

Read more

How Does Divorce Impact Estate Planning?

Divorce Impacts Estate Planning

Divorce is an unfortunate reality. According to the American Psychological Association, about 40% to 50% of married couples in the United States divorce, and the divorce rate for subsequent marriages is even higher. With this in mind, divorce is often an import part of estate planning. Prenuptial and Postnuptial Agreements The first question in considering […]

Tags: , , , , , , , ,

Read more

What is Domicile and How is it Determined? A 16 Point Checklist.

What is Domicile and How is it Determined?

‘Domicile’ generally refers to where you live – your residence that you intend to keep for the foreseeable future.  Your domicile has legal consequences for tax, probate, asset protection, and numerous other purposes. Domicile issues frequently arise with clients who split their time between Florida and another state.  They are also regular issues when clients […]

Tags: , , , , , , ,

Read more