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Articles Posted in estate planning attorneys florida estate planning attorneys florida probate attorney

Florida’s New Directed Trust Act: Executive Summary
Rarick Trusts & Wills Law, P.A.

Curve Balls to Watch for In New Florida Trust Director Law By Phillip B. Rarick, Miami Trust Attorney, and Hannah S. Rarick, J.D. Candidate Effective as of last year July 1, 2021, Florida is now 1 of 15 states to enact the Uniform Directed Trust Act (FUDTA), F.S. §§736.1401 to .1416, that allows a third…

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The Paycheck Protection Fund Is Dry – But Don’t Give Up!
Rarick Trusts & Wills Law, P.A.

by: Phillip B. Rarick, Esq. Here is the good news/bad news I received from my bank today regarding my Paycheck Protection Program (PPP) Application: The good news: your application has been approved; the bad: the SBA is out of money and you must wait for Congress to refund the program! Although I have heard of…

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Special 2020 Asset Protection Checklist
Rarick Trusts & Wills Law, P.A.

by: Phillip B. Rarick, Esq. The Covid-19 Pandemic has changed the world as we know it and presented daunting challenges we have not encountered in our life time. It requires a total review of your estate plan and business entities to assure you are taking full advantage of Florida laws designed to protect your family…

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Stimulus Checks Update: How Much? When?
Rarick Trusts & Wills Law, P.A.

How Much? Here is an updated calculator from Turbotax: Stimulus Check Calculator When Will Checks Arrive? If you signed up for direct deposit on either your 2018 or 2019 tax return, the IRS reportedly will start issuing electronic deposits on April 9 and they should show up in your bank account by April 14. However,…

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Securing Payment of Child Support with a Children’s Safe Harbor Trust
Rarick Trusts & Wills Law, P.A.

By: Phillip B. Rarick, Esq. Most divorce judgments call for one of the parties to obtain a life insurance policy for securing the payment of child support, alimony or some other financial obligation. Let’s assume the obligation is solely child support: a potential mistake is failure to secure payment of the policy premiums by use…

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Florida Single Member LLC’s Have No Charging Order Protection
Rarick Trusts & Wills Law, P.A.

Who is Impacted by this Decision: Anyone with ownership interest in a single member Florida limited liability company (LLC). Executive Summary: On June 24, 2010, the Florida Supreme court held that a single member Florida limited liability company does not protect against an outside creditor with a judgment against the sole member of the LLC.…

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