In December, 2019, the President signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act which took effect on January 1, 2020. This law has made significant changes in some of the retirement account rules which previously existed. Some of the changes include delaying the date on which a person must begin [...]
Think no one in your family will fight over your estate after you’ve died? Here is PART 1 of The Seven Warning Signs of a Potential Estate Battle. Warning sign # 1: SIBLING RIVALRY. Mom (or Dad) always liked you best. Yeah, but Dad paid for your wedding. Yeah, but he paid for YOUR college. [...]
If you don't have a Will a laywer can prepare one for you. However, what if you want to save money and do it yourself? You surely can “do it yourself” but “save money”?? Here is a little cautionary tale to consider: Former Chief Justice of the United States Supreme Court, Warren Burger, took [...]
Gibbons | Neuman Attorney Beverly White will be talking about Pet Trusts as part of a panel on Estate Planning hosted by the Humane Society of Tampa on April 25 at 4:00 pm at 4023 N. Armenia Ave., Suite 200, Tampa, FL 33607. The event topics include discussion on the types of planned gifts and [...]
Some friends were sharing a bottle of wine and the conversation turned to remembering someone who had “passed away.” The next thing you know, the friends began listing the euphemisms that we use in our society for death or dying. The list they came up with before the wine bottle was empty is quite lengthy. [...]
Families with children, grandchildren or other family members (such as parents) with special needs have unique planning requirements. There are numerous misconceptions in this area that can result in costly mistakes when planning for special needs beneficiaries. Understanding the pitfalls associated with special needs planning is a must for all of us who assist families [...]
No one likes to think about the possibility of their own disability or the disability of a loved one. However, as we'll see below, the statistics are clear that we should all plan for at least a temporary disability. The statistics are eye-opening surrounding disability and some of the common disability planning options. Disability planning [...]
In our estate planning practice, we encourage our clients to make important advance decisions as to their own health care. This involves “advance directives” such as designating a Health Care Surrogate (and back-up persons) to make health care decisions if you become incapacitated and can no longer make those decisions for yourself; and, preparing a [...]
Gibbons | Neuman is excited and pleased to announce that Beverly J. White, an Estate Planning and Elder Law Attorney, has joined the firm. Beverly has been practicing in the state of Florida for over 20 years. She is a member of the National Academy of Elder Law Attorneys, The Academy of Florida Elder Law [...]
It is not unusual for someone to name their children, or a niece or nephew as beneficiaries, or contingent beneficiaries on their life insurance policies. Sometimes an employer may offer group life insurance coverage and in haste, the employee names minor children as beneficiaries of that policy. “I want them to have that money for [...]
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