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Archive for the ‘Asset Protection’ Category

IRS Attack on Valuation Discounts Creates Urgency for Transfer Tax Planning Prior to Year-End

Trust and Estate Attorney Orlando
Published: August 23rd, 2016

By: Matthew J. Ahearn Brian M. Malec

On August 2, 2016, the IRS issued proposed regulations under Code section 2704 that, if finalized in their current form, will effectively eliminate any meaningful valuation discounts for transfers of interests in family-controlled entities between family members. The issuance of these proposed regulations is one of the most important developments for high net worth families […]

Top Five Estate Planning Steps to Take During a Divorce

Published: April 22nd, 2016

By: Brad Gould

Divorces are stressful and expensive situations for everyone involved.  However, they can be a lot worse if one spouse dies before the divorce is finalized.  Whether you are the recipient of a divorce petition or the sender, one of the first people you should call (after your divorce attorney) is your estate planning attorney*.  The […]

Dates Announced for 2015 Florida Agriculture Financial Management Conference

Published: May 29th, 2015

Orlando, Fla. – The executive committee of the Florida Agriculture Financial Management Conference (FAFMC) recently announced the dates for this year’s conference on August 27-28, 2015 at the Omni Orlando Resort at ChampionsGate. Some of the nation’s leading agricultural and economic experts will be in Orlando to address financial strategies impacting one of Florida’s top […]

Tax Consequences in a Will Contest: The Story of a Modern Family

Trust and Estate Attorney Orlando
Published: November 11th, 2014

By: Matthew J. Ahearn

Jay and Gloria are a wealthy, married couple.  Jay has an adult daughter from a previous marriage.  Her name is Claire.  Gloria also has a child from a previous marriage, a 12-year-old boy named Manny.  Jay and Gloria have a daughter together.  Her name is Chloe. Jay is old enough to be Gloria’s father.  The […]

How to Modify a Credit Shelter Trust without Destroying Tax Benefits

Published: September 4th, 2014

By: Brian M. Malec

How to Modify a Credit Shelter Trust without Destroying Tax Benefits A credit shelter trust, often referred to as the “Family Trust,” helps married couples avoid estate taxes when passing assets to their heirs. Upon the death of the settlor, the spouse benefits from the trust assets and the income they generate for the remainder […]

Estate Planning Team Hosts “Asset Protection 2013 Update Seminar” in Orlando and Viera

Trust and Estate Attorney Orlando

Earlier this month, Dean Mead presented two seminars in Central Florida entitled, “Asset Protection 2013 Update”.  These seminars focused on recent legal developments that significantly impact planning opportunities for protecting your client’s assets, including developments regarding homestead, life insurance, asset protection trusts and LLCs.  A brief overview of the landmark Supreme Court opinion in Windsor and subsequent IRS guidance for same-sex […]

Estate Planning Department to Host Fall Seminar in Orlando – Asset Protection 2013 Update

Trust and Estate Attorney Orlando
Published: September 23rd, 2013

By: Matthew J. Ahearn Brian M. Malec Lauren Y. Detzel David J. Akins

You’re invited to:An educational seminar hosted by the Estate and Succession Planning Department This presentation will focus on recent legal developments that significantly impact planning opportunities for protecting your client’s assets, including developments regarding homestead, life insurance, asset protection trusts and LLCs. A short overview of the landmark Supreme Court opinion in Windsor and subsequent […]

IRS RECOGNIZES ALL SAME SEX MARRIAGES

Trust and Estate Attorney Orlando
Published: August 29th, 2013

By: Matthew J. Ahearn

Today, the United States Treasury Department and the Internal Revenue Service issued a very significant and consequential ruling, Revenue Ruling 2013-17, addressing tax issues arising from the recent U.S. Supreme Court decision of U.S. v. Windsor, 133 S. Ct. 2675, issued on June 26, 2013. For federal tax purposes, the IRS will now recognize all same-sex […]