Estate planning includes the creation of wills and trusts, management of cases through probate court, elder law, and Medicaid planning including the avoidance of the Medicaid Estate Recovery Program.
Quick Read Summary (TLDR)A buy-sell agreement is a legally binding contract—sometimes called a “business will”—that establishes how a partner’s share of a business will be reassigned if that partner passes away, becomes disabled, retires, or otherwise departs the company. Life insurance policies typically play a central role in funding these buyouts, ensuring that sufficient capital…
Estate Planning – Many people choose to retire in Florida. With average high temperatures of 79.5°F year round, it is no surprise that the state – especially South Florida – has such a draw. Since a good number of retirees arrive here with wills drafted in other states, it’s important to beware of the pitfalls…
When investors choose to acquire property in Florida, they often do so via a Limited Liability Company LLC. One alternative to the LLC is to use a trust for real estate investment. Quick Read Summary (TLDR) The primary benefits of trusts include superior privacy since there’s no requirement to publicly file trust documents, strong liability…
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