Florida has no death tax. Business taxes are handled based on the rules for the Internal Revenue Service (IRS). However, an estate might have to pay business taxes upon the death of a business owner, depending on how the business owner structured his or her business. Because business law and tax law is complicated, it […]
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 […]
Sometimes, you just have to close a business. Whether it is because of the economy, death, or because you can no longer manage the business, it’s always a huge decision. Once you make the decision, you must follow steps to close the business. If you are closing shop because the owner died and no family […]
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 get married, many things change. If you haven’t lived together prior to marriage, you’ll need to get used to living with your spouse. You may buy a house or get a larger apartment. You may even sell a house if you both had your own homes before you got married. You may have […]
Creating a will and other estate documents is something that should be done as soon as you are out on your own. Even if you are 20, you could be involved in an accident and could be incapacitated. With an estate plan, the person you want would be able to take care of your affairs. […]
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 […]
A legally-binding will provides detailed instructions on how your assets are divided among friends, family members, and loved ones after you pass. The document puts the force of law behind your wishes. It may also create substantial tax benefits in conjunction with effective estate planning. The unwelcome alternative would be to allow the state to […]
