Recent Posts in Marriage Category
Posted on Jan 13, 2020 By The Presser Law Firm, P.A.
Each year, towards the end of the year, the Government announces the Estate Tax Exemption for the following year along with the corresponding Gift Tax Exemption. The Estate Tax Exemption is the sum of ...
Continue reading "The 2020 Gift and Estate Tax Exemption" »
Posted on Dec 30, 2019 By The Presser Law Firm, P.A.
The following are tips and traps related to applying for and maintaining homestead on a Florida primary residence: Review and File for all Qualified Exemptions: The homestead exemption is the most ...
Continue reading "Florida Homestead Tips and Traps - Part 2" »
Posted on Dec 23, 2019 By The Presser Law Firm, P.A.
Florida has by far the most desirable legal protections and real property tax benefits on its residents’ primary homes, however, remember that despite such protections, each county has strict ...
Continue reading "Florida Homestead Tips and Traps - Part 1" »
Posted on Nov 4, 2019 By The Presser Law Firm, P.A.
When you think of your automobile, golf cart, boat, plane or other adult toys they are not usually your most valuable assets. With many clients we see these assets left un-protected or even worse ...
Continue reading "How should you protectively title autos and other vehicles?" »
Posted on Mar 11, 2019 By The Presser Law Firm, P.A.
The family residence is often titled to the spouse who is “less vulnerable”. While this makes the home safer, it has its drawbacks. The reality is that neither spouse is immune to ...
Continue reading "Should the home be titled to the less vulnerable spouse?" »
Posted on Apr 23, 2018 By The Presser Law Firm, P.A.
Divorce lawyers can consume one-third or more of a divorcing couple’s assets. In a sense, you may need as much protection against huge legal fees as against spousal claims. Why fight to keep ...
Continue reading "Five ways to lower huge legal fees when divorcing" »
Posted on Apr 16, 2018 By The Presser Law Firm, P.A.
This is a growing legal concern because many more couples now live together without marrying. Some want to test their relationship. Older folks may live together because marriage would disqualify them ...
Continue reading "How can a cohabitating couple avoid legal claims and property disputes?" »
Posted on Apr 9, 2018 By The Presser Law Firm, P.A.
Spouses who are most often cheated out of marital assets in divorce are usually those spouses who know too little about the family finances. Divorcing spouses can be dishonest. Asset searches by ...
Continue reading "How can I protect my assets from a spouse who may dissipate or conceal marital assets before the divorce?" »
Posted on Apr 2, 2018 By The Presser Law Firm, P.A.
Divorce courts divide property either as equitable distributions or as community property. Courts in equitable distribution states have the discretion to divide whatever property is owned by both ...
Continue reading "How do divorce courts divide assets?" »
Posted on Mar 26, 2018 By The Presser Law Firm, P.A.
The first consideration in Estate Planning for couples is marriage. In the following article, we’ll define what a “couple” is, as well as the two marriage options. What constitutes a ...
Continue reading "Estate Planning Considerations for Couples: Religious vs. Civil Marriages" »
Posted on Mar 19, 2018 By The Presser Law Firm, P.A.
A common, simple asset protection strategy is to title marital assets with the less-vulnerable spouse. This spouse then controls the assets and can sell, encumber or conceal the entrusted assets. ...
Continue reading "If the family assets are titled to a spouse who is likely to incur liability, are these assets lost to that spouse in divorce?" »
Posted on Mar 12, 2018 By The Presser Law Firm, P.A.
Sometimes spouses planning divorce do shelter their assets in international asset protection trusts. Although they must disclose these trust assets to the divorce court, the court generally cannot ...
Continue reading "Can assets be divorce-proofed by transferring them internationally?" »
Posted on Mar 5, 2018 By The Presser Law Firm, P.A.
Sometimes it’s a good idea for spouses to negotiate post-nuptial agreements. Though married couples can legally contract, they cannot bargain away the same rights that they could under a ...
Continue reading "Are post-nuptial agreements for spouses helpful?" »
Posted on Feb 19, 2018 By The Presser Law Firm, P.A.
Family limited partnerships (FLPs), limited liability companies (LLCs) and corporations might be useful to help you control certain assets if you divorce. If you set up the entity and transfer your ...
Continue reading "Can a limited partnership or LLC effectively 'divorce-proof' my assets?" »
Posted on Feb 12, 2018 By The Presser Law Firm, P.A.
Titling your assets to an international irrevocable trust before you marry is the best option. Irrevocable international trusts can be effective for divorce protection because you no longer own the ...
Continue reading "What is the best option to shield wealth if an intended spouse won't sign a pre-marriage agreement" »
Posted on Feb 5, 2018 By The Presser Law Firm, P.A.
Unquestionably, a fair, legally-binding pre-marriage agreement is your safest way to secure your assets. A pre-marriage agreement is a written contract between intended spouses which specifies how ...
Continue reading "What are the best ways to financially protect your assets against divorce?" »