Many people do not understand tax planning, and therefore simply ignore it. However, not all aspects of tax planning are complicated. Generally speaking, tax planning is the process of reducing the amount of taxes you pay each year. It naturally follows that the less you pay in taxes, the more…
On Tuesday, April 26th, Andrew R. Comiter spoke at the 34th Annual American Bar Association Real Property, Trust and Estate Law Section’s National CLE Conference on “Estate Planning in an Era of Heightened Tax Enforcement.” Taxation of high-net-worth individuals and families has been a focus of many parties. One consistently…
The Florida Community Property Trust Act, signed into law on July 1, 2021, provides that assets transferred by a married couple to a community property trust will be treated as community property while owned by the trust. You may be reading this blog post because you have heard of community…
In one way, the decision of who to choose as your beneficiaries is quite simple: Who do you want to receive your assets? The most obvious answers are family members, such as spouses, children or brothers and sisters, or very close friends whom you consider family. It is important for…
COVID-19 forced a substantial portion of employees to work from home. In what is becoming a common situation, companies are allowing the work-from-home model on a more permanent basis, and as a result people are finding themselves with the freedom to move away and live somewhere else while still maintaining…
