When mapping out your estate plan, you may come across the term “residuary estate.” In simple terms, a residuary estate is any part of your estate that hasn’t been distributed to your heirs through a ...

When mapping out your estate plan, you may come across the term “residuary estate.” In simple terms, a residuary estate is any part of your estate that hasn’t been distributed to your heirs through a ...

One of the most important provisions in a will is the tax allocation clause, which allocates a decedent’s estate tax burden among the estate beneficiaries by specifying the source or fund from which ...

Q. I'm one of nine beneficiaries of an estate from my great-uncle who died in 2018. Each beneficiary is Class D, so we will all be hit with the same 15-16% inheritance tax. Eight of the beneficiaries ...

There is something of a credit crunch flavour to this update, as it covers bankruptcy and inheritance tax problems caused by falling values. Many practitioners are finding that falling stockmarket and ...

Petitioner Lawrence Biggio, executor of the estate of Phyllis Biggio, filed this proceeding asking this Court for an Order of Construction that directs Maryellen Williamson, Carol Eglinton and ...

Sauter v. Bravo, 771 So.2d 1213 (Fla.App. 2000), involved a trust under which the surviving spouse (Bravo) was entitled to receive the entire net income for life. One of the decedent’s children by a ...