by Trust Counsel | Feb 6, 2025 | Articles, Estate Tax
One of the biggest benefits of living in Florida is the Homestead Exemption, which reduces the taxable value of your primary residence. Recent legislative changes have enhanced the Homestead Exemption, further bringing down yearly property taxes for Florida...
by Trust Counsel | Jul 31, 2024 | Articles, Estate Planning, Estate Tax, Inheritance, IRS, Trusts, Wills
Estate planning is a critical component of financial security, yet it often involves navigating a maze of tax regulations and legal considerations. One recent change in IRS regulations has significant implications for those using irrevocable trusts as part of their...
by Trust Counsel | Jan 29, 2024 | Articles, Asset Protection, Celebrity Estates, Estate Planning, IRS, Probate, Probate Litigation, Real Property / Real Estate, Trusts, Wills
The Complications Unveiled The passing of renowned actress Anne Heche not only left a void in the entertainment world but also unveiled a complex aftermath of legal battles, highlighting the critical need for meticulous estate planning. In this article, we...
by Leslie Marenco | Aug 20, 2014 | Articles, Asset Protection, IRS, Real Property / Real Estate
As illustrated by a recent tax lien case Gregory v. United States Department of the Treasury – IRS, everyone buying a piece of real property should use a reputable real estate Attorney to conduct a title search (and purchase title insurance) to avoid these...
by Leslie Marenco | Aug 18, 2014 | Articles, Celebrity Estates, High Net Worth, IRS, Liens/Debt
MC Hammer was at one point in time the biggest rap artist on the planet. Now two decades later, MC Hammer is probably more famous for his tax issues – which seem to be never ending. It goes to show you, the Internal Revenue Service doesn’t quit when it comes to...
