By Mark R. Brown & Christopher C. Weeg The article appears in the PBCEPC 2023-24 Estate Planning Supplement In the past few years, the migration to Florida has accelerated, particularly among those with high net worths. Florida has a long history of attracting new residents with the allure of no…
The Corporate Transparency Act (“CTA”), enacted in 2021 and scheduled to effect on January 1, 2024, is aimed at enhancing transparency in business structures and ownership. Its primary goal is to combat illicit activities such as money laundering and tax fraud. This article provides an overview of the CTA and its…
Certain key provisions of the Internal Revenue Code affecting estate planning are indexed each year for inflation. The new year brings in the following increases and estate planning opportunities for 2024. The lifetime gift and estate tax exclusion amounts have been increased from $12,920,000 to $13,610,000. The GST exemption amount…
A silver lining to our current high inflation environment is the IRS’s just-released inflation-adjusted numbers for 2024. Below are some notable highlights affecting various provisions in the Internal Revenue Code applicable for the 2024 tax year: The lifetime gift and estate tax exclusion amounts have been increased from $12,920,000 to…
Comiter Singer, is thrilled to announce the inclusion of 13 exceptional attorneys in the 2023 edition of Florida Super Lawyers, which includes the publication’s “Rising Stars” list. This milestone marks the 17th year Richard B. Comiter, Alan H. Baseman, and Patricia Lebow have been recognized, the 11th year for Michael…
