Let me ask you the following questions: 1.) Do you have a brokerage account in your own name? 2.) Do you own real estate in your own name? 3.) Do you own any other valuable assets in your own name? 4.) Does your... Continue reading
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Third District Court of Appeal State of Florida, July Term, A.D. 2011 Opinion filed November 23, 2011. Not final until disposition of timely filed motion for rehearing. No. 3D11-198 Lower Tribunal No. 10-2368 Ivonne Grisolia, as personal representative of the Estate of Favio... Continue reading
Over the years, I have probably prepared thousands of tax returns, from the straightforward to the very complex. Tax returns that are a few pages in length to those exceeding 300 pages. No matter the size of the tax return, there are usually... Continue reading
There are other options for avoiding probate! There are some things that are obvious about Wills; one is that they will pass through probate. Often what is not written, may be a factor of law. Below are some examples. 1. The birth of a new child... Continue reading
An Estate is Not an Estate Until You Plan It! The key to estate planning is maximum wealth with maximum security. It sounds like a simple philosphy, but it is a complicated legal world. Laws, legislation and IRS Code dictate both wealth and security. Here... Continue reading
To begin, everyone should be aware that when a person fails to report his income, there is no U.S. statute of limitations on his tax return for that income. Should the IRS find out about a foreign bank account twenty years from now, it will be subject... Continue reading
Now we have heard it all! Bait and Switch Litigation! Here is a story that stands on its own merit as an example of the extent of our litigious society. On the future of this story rides a new era of litigation. The... Continue reading
Property taxes in China are a popular topic of discussion in the Chinese press. Xinhua News on January 15 stated that property taxation, seen as a silver bullet to curb excessive growth in China’s housing prices, is causing much debate within the higher... Continue reading
Place The Residence Into the Living Trust? Are you sure about that? As a follow up to my last article, readers have raised questions about my caution for robotically transferring a residence into a Living Trust as part of your estate plan. I... Continue reading
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Financial Risk Analysis
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