Estate and Succession Planning
Dean Mead’s Estate and Succession Planning Department is one of the largest and most respected groups of estate planning attorneys in Florida. We are frequently…
Dean Mead’s Estate and Succession Planning Department is one of the largest and most respected groups of estate planning attorneys in Florida. We are frequently…
Dean Mead’s Tax Department handles tax planning issues for businesses and individuals. The attorneys in our department have extensive experience in a full range of…
It’s rare that probate procedural issues make their way to the Supreme Court of Florida. However, on September 1, 2011 the Court issued its highly anticipated decision in Hill v. Davis, 36 Fla. L. Weekly S487 (Fla. 2011). The issue at hand is whether §733.212(3) of the Florida Statutes (2007) bars a challenge to the…
Read MoreOn September 7, the AICPA Carryover Basis Task Force sent comments to the IRS on Notice 2011-66 making suggestions and requesting additional guidance on several issues, some of which are summarized below. They suggest a “policy of restraint” in auditing taxpayers having carryover basis issues for tax years after 3 years from the filing of the…
Read MoreToday, pursuant to Notice 2011-76 (the “Notice”), the IRS extended the due date for filing the Form 8939 from November 15, 2011 to January 17, 2012. This Notice is unexpected considering shortly ago on August 29, 2011 the IRS issued Notice 2011-66 extending the deadline for filing the Form 8939 to November 15, 2011. Rev. Proc. 2011-41 was…
Read MoreThe U.S. Fish & Wildlife Service (“Service”) this week released a draft Land Protection Plan (the “Plan Document”) for the proposed Everglades Headwaters National Wildlife Refuge (“NWR”). The Service also released the attached map that generally indicates areas which it will consider for fee, or less-than-fee, acquisition for the NWR.
Read MoreMany of today’s modern estate plans employ a marital trust under Code sections 2056(b)(7) or 2523(f) known as a QTIP trust (QTIP stands for Qualified Terminable Interest Property). This is a trust which grants a life income interest to spouse and upon his or her death, named beneficiaries receive the remainder. The property funding the…
Read MoreAfter more than 10 years of eminent domain litigation, two jury trials and a number of appeals, thousands of South Florida homeowners were recently awarded constitutional compensation for the destruction of their private property by the State of Florida. In the mid-2000’s, the State destroyed tens of thousands of healthy citrus trees as part of…
Read MoreArticle published in the August 2011 edition of Farm Credit Leader. This article describes the more significant tax changes effected or continued by the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (the “2010 Act”) and briefly discusses some of the ways in which small businesses can take advantage of these changes.
Read MoreDue to Hurricane Irene, the IRS extended the deadline for participating in the Offshore Voluntary Disclosure Initiative (OVDI) from August 31, 2011 to September 9, 2011. The new deadline applies both to submissions into the program and requests for a 90 day extension. For details on the OVDI program, please see our previous posts located…
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