Why you should name a trust as the beneficiary of your life insurance
Naming a trust as a beneficiary of life insurance policy can have a huge benefit for people with large estates that are not taxable. It is also a great way to protect the insurance proceeds from future...
View ArticleHow to protect your assets from your teenage drivers
Getting your first driver’s license can be one of the biggest milestones in a young person’s life. However, what was once a cherished rite of passage has now turned into a potential liability for...
View ArticleEstate Plans for a Single Person
Estate planning often focuses on married couples, but estate planning for a single person is equally as important. A single person often owns assets in their name individually, which means these assets...
View ArticleHow to terminate a rental agreement in Florida
If a tenant does not pay rent in Florida, a landlord can evict the tenant if he or she follows the correct procedures as defined in the Florida statutes. Florida law no longer allows “self-help”...
View ArticleHow to add a second member to a LLC in Florida
Limiting the ability for creditors to charging lien to the owner of a Florida LLC is a big concern for many residents. At least two members are required to limit a creditor’s ability to charge a lien,...
View ArticleThe law of charitable pledges
One issue that occurs in estate planning is whether or not a charitable pledge can be enforced on a person’s estate after death. Wealthy individuals often make pledges to their favorite charitable...
View ArticleDoes Florida law protect IRAs and SEP-IRAs from Creditors?
At the Law Office of David M. Goldman, one of our biggest goals is to protect our client’s assets from creditors. One of the most important assets a person can have is a retirement account. These...
View ArticleWhat your Financial Planner needs to know about an IPUG™ Trust
Most financial planners are unfamiliar with some of the modern twists available with irrevocable trusts. They tend to be familiar with the older style of irrevocable trust that can pose several...
View ArticleAsset Protection: Can an Irrevocable Trust be Revoked?
Florida Asset Protection Trusts: Can they be changed? In Florida, both revocable and irrevocable trusts are valuable estate planning tools that permit individuals to organize and protect their assets...
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Protect Your IRA
I just finished my new book Protect your IRA : Avoid the 5 Common Mistakes! Here is the Table of Contents The 3 Reasons Most People Experience Confusion with Their IRAs Don’t Just Focus on the Taxes...
View ArticleCan a grantor be a trustee?
Can a grantor be a trustee? The Irrevocable trust is one of the most valuable tools for estate planning and Florida asset protection that is available. These trusts are not only a great way to pass...
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Trust Funding
Trust Funding Trust funding is one of the most important aspects of an estate plan or asset protection plan. Attorneys, and clients, hear so much about trust funding, but rarely is it truly understood...
View ArticlePrince – Estate planning
Like many deaths, the death of the legendary pop star Prince came as a shock and surprise for the world. What shocked estate planning attorneys even more so is the possibility that Prince may have...
View ArticleRemarriage Protection
Remarriage Protection Many lawyers proclaim to have remarriage protection in their estate planning documents, but few estate plans deal with these issues completely. A traditional trust that deals with...
View ArticlePonte Vedra Trust Lawyer Interview
I have recently become acquainted with a bank who does business very different than traditional banks. As we do Trust funding for many of our estate planning, elder law, and asset protection packages,...
View ArticleHappy 18th Birthday. I got you a Florida Asset Protection Trust.
A Florida Asset Protection Trust Is a Great Gift for an 18-Year-old that can be used for the rest of their life. Almost every parent can remember the way he or she felt on the day their child turned...
View ArticleThe Cost of Long Term Care Continues To Rise
What many of our clients do not realize is that long-term health care is expensive, and will only get more expensive with time. Many people are shocked when they learn about the actual costs of...
View ArticleThe 5 Most Common Medicaid Myths
In Florida, Medicaid is a federal and state level program that offers health care assistance to members of the program. Medicaid is a complicated program that is administered differently on a...
View ArticleA Spendthrift Provision Can Protect Against Civil Judgments
Yes A Spendthrift Provisions Can Protect Against Civil Judgments What is a Spendthrift Provision? One of the best forms of asset protection we can provide is through a trust that contains a spendthrift...
View ArticleFlorida Estate Planning For Second Marriage
In Florida it can be crucial to do Estate Planning For Second Marriage More and more Americans are getting remarried which is causing estate planning to become more complex. People are living much...
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