Basic Estate Planning in Florida

Basic Estate Planning in Florida
ISBN-10
163281577X
ISBN-13
9781632815774
Series
Basic Estate Planning in Florida
Category
Law
Language
English
Published
2014-12-10
Publisher
LexisNexis
Author
The Florida Bar Continuing Legal Education

Description

Basic Estate Planning In Florida – 8th Edition Highlights Discussion of new laws, cases, and rules, including the effect of the American Taxpayer Relief Act of 2012 (ATRA) on: • various estate planning tools; and on • taxable rates; estate, gift, generation skipping, and income taxes; applicable exclusion amounts; and the portable deceased spousal unused exclusion (DSUE) amount for citizens and noncitizens; • general and limited powers of appointment, including "decanting", and releases and disclaimers of power; a spouse's election to take homestead as a tenant in common rather than through a life estate; and the treatment of insurance proceeds payable to a trust; • community property; the homestead exemption, and estate planning issues for same-sex couples; • compliance with Treasury Dept. Circular No. 230 for written tax advice; and • ethical issues, including the attorney's duty to third parties, asset protection planning, and gifts to lawyers and their relatives Revised forms and checklists

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