Making Sure Your Beneficiary Designations Are Up to Date
Did you know beneficiary designations are an important part of estate planning? Probate is the legal process of distributing your estate after death to your heirs. Involvement with probate court…
Is an IRA a Good Way to Protect My Assets from Creditors?
Do you have a Individual Retirement Arrangement (IRA)? No matter how successful or financially stable you are, the potential for catastrophic events is always present. Natural disasters, unemployment, disability, and…
Is It Too Late to Protect My Assets from Creditors?
Job loss, serious illness, car accidents, and business closures are devastating events that happen to ordinary people every day. Most people don’t fully understand the ramifications of these catastrophic events…
Do I Have to Get a Lawyer to Draft a Will?
Drafting a will is often the first step in estate planning. A will can benefit everyone, no matter your life stage or wealth level. However, one wrong move in the…
How Do I Create a Trust in Florida?
When people talk about including a trust as part of their estate plan, they usually mean a revocable or “living” trust. Under the right circumstances, creating a trust can help…
Protecting Your Assets from Creditors: What You Need to Know
Understanding how to protect your assets from creditors is crucial. Most people don’t realize how vulnerable their financial situation can be until the unthinkable happens. They may be involved in…
Qualified Plans and IRA Required Minimum Distributions for Beneficiaries Upon Death of the Participant
The Internal Revenue Service (IRS) has established rules for required minimum distributions (RMDs), which are the minimum amounts individuals must withdraw from IRAs and other retirement accounts based on age.…
4 Myths You Should Be Aware of When Setting Up Your Small Business
Setting up a small business is not an easy endeavor, and you likely will encounter various legal questions and barriers along the way. An Aventura business transactions lawyer at Kramer…
4 Steps to Take to Prepare for the Change in the Estate and Gift Tax Exemption
The Internal Revenue Service (IRS) recently announced an increase in the estate and gift tax exemption for 2025. The basic exclusion amount will increase to $13.99 million per person for…
3 Challenges People May Face When Going Through Probate
When your loved one passes away and has a will in place, you might think that handling their estate should be a straightforward process. Even if probate proceedings are necessary,…