Photos of Deceased Loved Ones: Sharing May Not be Caring

Wanting to pass photos of loved ones to family members after their death is understandable. Whether in tangible or electronic form, looking back on photos is a way to remember our loved ones and the happy times we shared with them. However, our loved ones may not have envisioned their photos posted on the internet, uploaded to social media sites and shared with people they never met. Read More

Preserving Genealogy for Future Generations

Researching genealogy is a popular pastime for many. Given the subject matter, you would think that a priority for those researching the history of their families would be to preserve and pass on that information for future generations. Unfortunately, it is often not that simple. Read More

Pet Related Tax Deductions

While only California has begun a movement to treat pets as dependents, there are a number of deductions already available within the federal tax code that can be applicable to pets in certain situations. Do any of these scenarios apply to you and your pet? Read More

Tax Consequences of a Michigan-Florida Residence Change

If you are a Michigan resident who spends more than half of your year in Florida, you may be wondering whether it is advantageous to officially change your residence to Florida. As with all tax and estate planning matters, the answer will vary depending upon your unique situation. However, the most common considerations deal with income taxes and exemptions for homestead (Florida) and principal residence (Michigan). Read More

Updating Your Estate Plan after a Move to Florida

So you’ve made a move to Florida. Do you need a new will and trust? Most often, the answer is no. Generally speaking, an estate plan that was validly executed in the state where it was signed is valid in all other states. However, there are some scenarios which merit updating an estate plan to conform to Florida law. If your estate plan falls within either of these categories, it’s time for an update. Read More

Gifting to Grandchildren: The GSTT

Did you know that if you leave money directly to your grandchildren, the funds may be taxed twice? The Generation Skipping Transfer Tax (GSTT) is responsible. Understanding the GSTT requires a discussion of both of life’s two certainties – death and taxes. Read More

Telling Your Children About Your Estate Plan

Death and taxes – they are the two certainties in life. But how often do we actually talk about them with those we love? There are many reasons why telling your children about your plans in advance makes sense. Here are a few things to keep in mind: Read More

Planning For Yourself: Personal Care and More

When considering estate planning or planning for care, both individuals and couples are well-served to consider their own long term care needs and the associated expenses. While everyone’s situation and planning needs are unique, there are some common concerns that tend to arise for individuals or couples who do not have children. Read More

Timeshares and Estate Planning

If you have a timeshare, you likely also have many wonderful memories of vacations with your family. Did you know that you can ensure your family’s ability to continue enjoying vacations at your timeshare property even after your death? Read More

Estate Planning Related Facebook Links

Have you ever wondered what would happen to your Facebook profile if you passed away? Since Facebook started providing users with the option of having their account memorialized, naming a legacy contact, or deleting their account, you don’t have to wonder anymore. Read More