Most people are intimidated by legal disputes, especially when it comes to issues involving an estate. Litigation results in one side winning and the other losing. Rather than spend a considerable amount of time taking a case to court, with no guarantee of a positive outcome, many people choose an…
Palm Beach County Attorneys to Help Same Sex Couples with Their Estate Planning The landmark United States Supreme Court decision, Obergefell v. Hodges, completely changed the landscape for all LGBTQ individuals in committed relationships, including those considering marriage or having been married in a state that permitted such a fundamental…
The IRS released inflation-adjusted tax figures for 2025. Below are some notable highlights affecting various provisions in the Internal Revenue Code applicable for the 2025 tax year The lifetime gift, generation-skipping transfer, and estate tax exclusion amounts have been increased from $13,610,000 to $13,990,000. The gift tax annual exclusion…
In the wake of Hurricane Milton, the IRS expanded previously announced taxpayer relief for impacted taxpayers living in Florida. In IR-2024-264, the IRS amplified and expanded the relief granted in IR-2024-253 to individuals and businesses in Broward, Indian River, Martin, Miami-Dade, Palm Beach, and St. Lucie counties. The relief from…
Dear Clients We are writing to inform you about the upcoming compliance requirements under the Corporate Transparency Act (CTA). As you may be aware, the CTA mandates that certain businesses report their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). This measure aims to enhance transparency and prevent illicit…