Do YOU know if you have a power of appointment?

Many times for flexiblity and for tax planning a decedent may, in a continuing trust document, give a beneficiary either a limited or general power of appointment. For example, at my death I create a trust for my husband, Bob. At Bob’s death I give him a power of appointment…

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Are YOU a Responsible Person?

Most of the time we would like to think we are responsible. However in the payroll tax world that may NOT be good thing. In a business environment if you are an officer, no matter what type of officer, you could be deemed a “responsible person” and if the person…

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Personal Representatives MUST be Certain to Notice Ascertainable Creditors!

Under Florida law if you are acting as a personal representative you must carefully review the decedent’s credit cards, mail, etc to be sure that you notice all ascertainable creditors. A recent case, Golden v. Jones, http://www.4dca.org/opinions/Oct%202013/10-30-13/4D12-2094.op.pdf, decided in Broward County, confirms that, if you publish a Notice of Creditors…

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