Blended families have specific estate planning considerations that they have to work through before they make the plan. When the blended family is part of the LGBTQ+ community, there are even more considerations. A spouse, partner, child from a prior relationship,...
Many people in Fort Lauderdale, Florida choose to give financial gifts to family members during their lifetime rather than through their estate. While gifting can be a smart planning tool, large gifts trigger federal tax rules that can affect how much your heirs...
Becoming a parent changes how you think about the future. Suddenly, you worry about decisions regarding money and child care and everything feels more urgent. Without a clear plan, the state may step in to decide key issues about your family if something unexpected...
Losing a loved one is difficult enough without the added stress of unfamiliar legal proceedings. If you have recently experienced a loss, you might be wondering what happens next. Understanding probate can help ease that uncertainty. This overview will walk you...
Mourning the recent passing of a family member is never easy. Aside from your personal grief, you must also make it through the legal process of probate. While this step can be emotionally challenging to manage, understanding how it works can be a great resource for...
Turning 18 and entering adulthood marks a new chapter in your life. It’s a thrilling time, full of new freedoms, experiences and the exciting prospect of shaping your own future. But with great freedom comes great responsibility, and “adulting” isn't just about...
Losing a loved one is never easy. On top of the emotional toll, you also need to handle the legal and financial matters tied to their estate. This guide covers the key steps to take after a death, especially if the estate is in Fort Lauderdale or nearby Broward...
Before you gift any portion of your estate to your heirs and beneficiaries, it is important to know the tax implications of gifting. With some careful strategy and planning, you can potentially gift your estate while avoiding estate taxes. Florida’s gift tax exemption...
A lot of people make the mistake of thinking that estate planning is only about the distribution of assets to their loved ones. While you’ll certainly have to think through how you want the money in your bank and retirement accounts to be passed down to your loved...
Estate planning can feel like just another item to put on your already lengthy to-do list. This can make it difficult to get to, especially considering the fact that it requires some legal education on your part and confrontation with your mortality. As a result,...
Jennifer D. Sharpe, P.A.