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Florida Trust & Probate Attorneys Blog

8 Point “Porcupine” Asset Protection Strategy
Rarick & Bowden Gold

May the odds be with you –but frankly they’re not. More than 60% of doctors over the age of 55 have been sued at least once, according to a new survey by the American Medical Association (AMA). Doctors are not the only professionals at risk. Virtually all small business owners and professionals face multiple risks…

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Florida’s Sweeping Elective Share
Rarick & Bowden Gold

By Phillip B. Rarick, Esq., Miami Probate Attorney Florida’s 30% elective share law was completely rewritten in 2001 because the old law could be easily circumvented by placing assets in a revocable trust or using non-probate transfers (e.g. life insurance, IRAs etc.) In an effort to curtail such tactics, the legislature overhauled the statute and…

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10 Point Checklist For Florida Corporate Entities
Rarick & Bowden Gold

By: Phillip B. Rarick, Miami Lakes and Weston Estate Planning Attorney Note: This 10 Point Checklist is for those persons who have interests in one or more Florida corporate entities, such as a corporation, limited liability company (LLC), or limited partnership (LP). 1. Annual Fees. In January the State of Florida will send notices via…

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Does A Trust Need to Be Recorded, Filed or Registered in Florida?
Rarick & Bowden Gold

Does A Trust Need to Be Recorded, Filed or Registered in Florida? One of the most common questions I get as a Weston estate planning attorney is, do I need to record my living trust? Some persons believe that a trust needs to be publicly recorded like a corporation or a deed. This is generally…

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EXPLORING IMMIGRATION OPTIONS
Rarick & Bowden Gold

Exploring Immigration Options: The Best Visas for Investors, Executives & Skilled Workers by: Elizabeth Blandon, Board-Certified Immigration Attorney For investors, business executives and skilled workers, there are several excellent immigration programs available that can help you to live and work in the United States –in most cases you will also be able to bring your…

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Four Problems With “Simple Wills” In Florida
Rarick & Bowden Gold

By: Phil Rarick, Estate Planning Attorney Many persons are tempted to have a “Simple Will” in which they want everything they own at death to go outright first to their spouse, and if the spouse does not survive then to their children in equal shares. Rather than take the time to consult with a Weston…

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7 Smart Tips For Hurricane Irma Insurance Claims – And 5 Traps
Rarick & Bowden Gold

By Phil Rarick, J.D. 7 TIPS 1. Before You Clean Up Document Your Losses Do not start clean up until you have documented your losses from Hurricane Irma. Use your cell phone to document your structural, equipment, and water damages with ample video and pictures. (Hopefully you also took pictures immediately prior to Irma.) Document…

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Informática de Fideicomisos y Testamentos para Abogados de la Florida
Rarick & Bowden Gold

Informática de Fideicomisos y Testamentos para Abogados de la Florida REFERENCIA DE LEGALIZACÓN DE LA FLORIDA Por Phillip B. Rarick, Esq., Abogado de Legalización de Miami Resumen Ejecutivo La legalización es el proceso legal en cual los bienes de un descendiente son transferidos a otra persona de acuerdo a la voluntad del descendiente, o al…

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The Problem With A Florida Professional Association
Rarick & Bowden Gold

Big Question: Can your practice survive if you suddenly die or become incapacitated? Recently, a highly respected physician suddenly died owning 100% of his practice in a Professional Association. No other person was listed on Florida’s Sunbiz.org as an officer. Payroll was paid on a weekly basis. Even though the Professional Association had been assigned…

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Three Big Threats To Your Children Over 18 – And How To Protect Them
Rarick & Bowden Gold

Three Big Threats To Your Children Over 18 – And How To Protect Them By Phil Rarick, Weston Estate Planning Attorney You have done it. You have guided (or you have survived) your children’s teen years. They are now over 18. They are now “sui juris” in the eyes of the law: this means they…

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