INSIGHTS
Florida Charitable Gift Planning
Charitable Gift Planning At TEPS LAW, LLC, we applaud individuals that are inclined to use charitable gift planning as part of their estate planning process. When executed properly, charitable gift planning allows the individual making the gift to provide support to...
Welcome to Florida: The “Tax Friendly” State
Florida Estate and Gift Tax Forever a favorite retirement destination of retirees throughout the United States, Florida is known for being a tax-friendly state. It is one of only seven states that do not collect state income taxes, and its property and sales taxes are...
Florida Asset Protection: Protecting Your Assets From Creditors, Lawsuits, and Divorce
Asset Protection The objective behind using asset protection in estate planning is to keep the “things” you value safe after you are gone. While the exact methods used to accomplish this goal vary according to what it is you are trying to protect, as well as what or...
The Building Blocks of Florida Estate Planning
An effective Florida estate plan involves the execution of core documents (a Will, Trust, Powers of Attorney, and Healthcare Directives). If you are a senior citizen, your estate plan should also involve medicaid planning for future care. Effective Florida estate...
Florida Health Care Advance Directives
Health Care Advance Directives It is a fundamental right to be able to make informed choices regarding your own health and treatment. As this can prove difficult in times of sickness and disability, it is vital to plan ahead so that friends, family, and healthcare...
To Probate, or Avoid Probate? That Is The Question— What Everybody Ought to Know About Estate Planning
No one wants to think about that day you will no longer be among the living. However, it’s an inevitable fact of life. How you plan for end of life can determine if your family and loved ones will be left with peace of mind, or scrambling trying to determine your...
You’ve Decided to Start A Business. Congratulations, Now Let’s Talk About Formation
Entrepreneurship is a hallmark of a free market. Starting a business is high risk but also high reward. One of the first questions an entrepreneur should ask an experienced Tax Attorney is, “What type of entity should I choose for my business?” Choosing a...
Estate Planning During COVID-19
The year 2020 has seen our world turned upside-down as we fight an invisible enemy known as COVID-19 or the coronavirus. COVID-19 is a global concern and residents of the state of Florida are faced with an outbreak of epidemic proportions. Life as we know it has...