When people think about estate planning, they usually focus on who will receive their assets at death. An equally important question that often gets overlooked is: If estate tax is owed, who actually bears the estate tax? This issue is known as “estate tax apportionment.” A helpful way to think…
As we move into summer, Antonio Romano, Partner and Co-Chair of Comiter Singer’s Probate Administration Department, shares several recent Florida trust and estate developments worth noting for fiduciaries, institutions, and individuals involved in estate administration. His practice focuses on complex trust, estate, and fiduciary litigation and administration throughout Florida, including matters involving corporate fiduciaries, trustees, personal…
Prenuptial and Postnuptial Agreements are not as scary as they sound. These practical marital contracts are often interpreted as signs of mistrust, or as a sign that one or both of the parties to the Agreement are not “fully committed” to the relationship. Those are common misunderstandings and are far…
Lessons from years of IRS practice on what high-net-worth families actually need from their advisors By Emma Smith, Senior Counsel at Comiter Singer (Former Attorney at IRS Chief Counsel) By the time a tax return is being prepared in March or April, almost every meaningful planning lever has already passed.…
Relocating to Florida is a dream for many individuals and families seeking warm weather, favorable tax laws, and a fresh start. But legally speaking, moving is more than changing your address. Questions often arise about domicile, taxes, estate planning, and whether ties to your former state truly end once you…
