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Tax Controversy 101 - Tax Liens and Levies

When a taxpayer has an outstanding tax debt, the Internal Revenue Service (“IRS” or the “Service”) uses methods to compel a taxpayer to pay the outstanding tax debt or take possession of a taxpayer’s assets to satisfy said outstanding tax d… Read More
Categories: Tax Law

A Great Estate Planning Tool - Estate Planning 101 Charitable Trusts!

A charitable trust is an irrevocable trust that allows a grantor to accomplish their philanthropic objectives while providing benefits to both charitable organizations and non-charitable organization beneficiaries. There are different types of charit… Read More

A Primer on Key Differences Between a LLC and a Corporation

When starting a business, it is important to consider the pros and cons of each entity type to determine which one is best suited to accomplish your goals and objectives. Most businesses are organized as a limited liability company (an “LLC”), ho… Read More

What is a FAR/BAR Contract?

The Florida FAR/BAR contract is a licensed, standardized, contract used for real estate transactions in Florida. This contract was created by the joint committee of the Florida Realtors (formerly known as Florida Association of Realtors) and The Flor… Read More

Proposed Changes to the Estate Tax Exemption

What is the Estate Tax? The estate tax is a tax on the transfer of property after a person’s death. Generally, it is determined by applying the estate tax rate to a person’s taxable estate. The taxable estate is calculated by determining a person… Read More

Types of Florida Deeds

A deed is a real estate document used to transfer the title and ownership of property to a new owner. A deed can be used for the sale of a home or when transferring property ownership without a sale. There are three basic deeds used in Florida: the S… Read More

5 Popular Trusts and What You Should Know About Them

Trusts provide many estate planning benefits ranging from avoiding probate proceedings to managing and controlling spending and investments to protect beneficiaries from poor judgment and waste. There are different types of trusts that focus on certa… Read More

What’s in an Easement?

You may have heard the term easement, but there are a lot of details about easements that you might not be aware of. If you own a home or any land, it is important to know exactly what an easement is and what that means for your property. An easement… Read More

Estate Planning Considerations for Business Owners - Estate Planning 101

Estate planning for business owners is important and oftentimes overlooked. Typically, business owners, eat, breathe, and sleep “business” and seldom consider protecting their legacy which may severely impact their loyal customers, and more impor… Read More

What is the Difference Between a Will and a Trust? Estate Planning 101

There are different approaches to estate planning (i.e., will-based planning versus trust-based planning) that may seem overwhelming to understand key distinctions and nuances involved. A frequently asked question in estate planning is, “what is th… Read More