Recent Posts in Trusts 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 Jan 6, 2020 By The Presser Law Firm, P.A.
Many individuals who execute Estate Planning believe that the execution of such documents is the end of the process. What most individuals fail to realize is the importance of funding or transferring ...
Continue reading "You Have a Revocable Trust, Now What?" »
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 Dec 16, 2019 By The Presser Law Firm, P.A.
Asset Protection is utilized by individuals and businesses to legally and ethically protect assets from the future/potential threat of creditors. The best time to protect assets is before a legal ...
Continue reading "Asset Protection for Your Primary Home" »
Posted on Dec 9, 2019 By The Presser Law Firm, P.A.
Asset Protection is the process of legally and ethically protecting assets from the threat of future/potential creditors. Each State has their own Asset Protection laws and nuances, however, the ...
Continue reading "Asset Protection Tips" »
Posted on Dec 2, 2019 By The Presser Law Firm, P.A.
Walt Disney is one of the most well-known cases where a high net worth individual used Land Trusts to obtain an upper hand in expanding their empire. Unknown to most people, Disney Land (in Anaheim, ...
Continue reading "How Walt Disney Used Land Trusts to Purchase and Build Disney World" »
Posted on Nov 25, 2019 By The Presser Law Firm, P.A.
While Land Trusts are not the only strategy for creating privacy with regard to the ownership of Real Estate, it is important to understand all of the advantages and disadvantages of owning Real ...
Continue reading "Advantages and Disadvantages of the Land Trust" »
Posted on Nov 18, 2019 By The Presser Law Firm, P.A.
A Land Trust is a way to hold Real Estate in such a manner where the owners of the Real Estate can remain private to the Public. This is the case because the only individuals listed in the Public ...
Continue reading "Overview of Land Trusts" »
Posted on Nov 11, 2019 By The Presser Law Firm, P.A.
As the use of technology continues to grow, businesses rely more and more on organizing, storing, and processing information digitally. It has become so second nature that we may not even be aware of ...
Continue reading "What are digital assets?" »
Posted on Oct 14, 2019 By The Presser Law Firm, P.A.
The revocable trust is just that, revocable. You may change, amend and cancel the revocable trust during your lifetime. Upon your death, the trust becomes irrevocable. You may also retain benefits ...
Continue reading "What Is the Difference Between a Revocable Trust and an Irrevocable Trust?" »
Posted on Jul 15, 2019 By The Presser Law Firm, P.A.
Land trusts are increasingly popular for real estate investors who want anonymity as an extra layer of protection. The property in trust isn’t directly connected to the owner through the public ...
Continue reading "Why is Using a Land Trust for Your Real Estate a Bad Decision?" »
Posted on Apr 22, 2019 By The Presser Law Firm, P.A.
p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px 'Helvetica Neue'; color: #454545} There are two basic types of trusts, a revocable trust and an irrevocable trust. Which trust is the best to use? ...
Continue reading "Are Your Trust Assets Safe From Creditors?" »
Posted on Oct 1, 2018 By The Presser Law Firm, P.A.
The Revocable Living Trust is very popular in America. A living trust helps you avoid the cost and delay of probate. You can also avoid the dangers from jointly owning assets. But here’s the ...
Continue reading "Does a Revocable Living Trust offer Lawsuit Protection?" »
Posted on Jul 7, 2014 By The Presser Law Firm, P.A.
Land trusts are chiefly used in Illinois, Florida, Georgia, California, Colorado and several other states, but can be used in any state. The land trust can own any type of real estate, including the ...
Continue reading "Would titling my investment property to a land trust be preferable to an LLC?" »