Effectively Using Powers of Attorney A power of attorney (POA) document allows an individual (principal) to appoint a trusted person (attorney-in-fact) authority over critical decisions in the event of incapacitation. POAs grant the attorney-in-fact legal authority to manage any number…
Even estates with a thoughtfully crafted and updated estate plan can experience problems in probate. Read more.
The Net Investment Income Tax may be repealed at the end of 2017. Two proposals released by the Joint Committee on Taxation in March 2017 advise removal of the 3.8 percent NIIT, which has been in effect since 2013.
While the term digital estate planning refers to developing provisions for post-mortem transfers or disposition of online assets, S.B. 206 (known as the Florida Electronic Wills Act) addresses a digital component of one's estate plan. An electronic will is one that is prepared, executed, and stored entirely on digital platforms.
Guest contributor Dennis Gayness, a certified firearms appraiser with Triangle Shooting Academy, discusses the personal values behind a proper estate plan for one's firearms.