The saying “The only things certain in life are death and taxes” holds true, but individuals can exercise control over their financial destinies by adopting smart financial decisions for optimal tax outcomes. Year-round tax planning offers a proactive approach, allowing individuals to make informed choices that can lead to significant savings during tax season. Seeking […]
Everyone should have an estate regardless of age or how much estate is worth. If you own even one asset, a will can help you avoid probate or avoid lengthy probate, depending on the asset. Wills take effect when you die, but trusts can manage your assets during your life and after your death. If you should become […]
One of the first things you do when starting a new business is choosing a business structure. Each entity type has different methods of taxation. When choosing, you should take into account how many employees you have, how much growth you expect in the first few years of business, and whether you need corporate protection. […]
Creating an estate plan, including a will, can help save your family a lot of heartaches should something happen to you. However, when you retain an estate planning attorney to help you create your estate plan, you can significantly minimize these errors. However, an attorney can only go by the information you tell her. If […]
Living in Florida gives you a pretty big tax advantage when you retire. In fact, the state ranks as one of the most tax-friendly states for retirees with an average sales tax of 7.05 percent and no state income tax. Sales tax, however, is county-based and some counties tax as high as 8.5 percent. On the bright side, Florida […]
It seems like you have to pay taxes and more taxes on everything. Think about it: You earn a dollar, you pay employment-related taxes on it. If you spend that same dollar at the grocery store, you pay more taxes. If you are a business, it’s worse. When you earn money by selling goods and […]
If you are planning on divorcing, you should look at two things before you even file a petition: taxes and your estate plan. Divorce changes how you file taxes, which could ultimately affect your estate plan. Additionally, divorce directly affects your estate plan. An estate planning attorney with a business law background will be able […]
October is not only time to start ramping up for the holiday season, but it is also financial planning month. If you do not have a financial plan, now is the time to create one. If you have a financial plan, you should look at it carefully and update it as needed. The business attorneys at France […]
When you have stocks, you have to think of how they will affect your taxes each year. Additionally, if you plan on leaving your stock portfolio to your children when you die, you will have to plan for how that will affect their taxes. An estate planning attorney will help you determine the best way […]
When you die intestate—without a will—Florida statutes dictate who gets your estate and inheritance. The best way to make sure your estate goes to who you want it to go to is to create an estate plan with at least a will, if not a will and a trust. An estate planning attorney will be […]
