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Recent Blog Posts

EstatePlan7

Four Reasons Why You Need an Estate Plan Regardless of Your Income and Wealth

By David Toback |

The Tax Cut and Jobs Act (TCJA) is fully into effect and it is the first major tax overhaul in over 30 years. This means that if you haven’t reviewed your estate plan, you need to as soon as possible to determine how the tax changes will impact your plan. While people often think,… Read More »

BusPlan2

Start Succession Planning Now for Your Family Business

By David Toback |

If you’ve put your heart and soul into a family-operated business, you want to know that your business will continue to thrive after you’re gone. A well-operated family business should be able to provide for your loved ones for years after you have decided to retire from the business if you properly plan for… Read More »

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Reaping the Full Benefits of Your Revocable Living Trust

By David Toback |

When people opt to create an estate plan, it’s usually because they want their families to avoid the hassle of probate when they die. However, most people don’t completely understand how to reap the full benefits of their revocable living trust. Simply having a living trust won’t offer you the full benefits of having… Read More »

AssetM

Are You Making These Common Asset Protection Mistakes?

By David Toback |

In our society it is easy to become the target of someone attempting to get a judgment for money against you personally. Owning exposed assets makes you an exceptionally inviting target for a lawsuit. Thanks to the internet, it is now very easy for people to find all of your assets, such as real… Read More »

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Is an LLC Right for Your Business?

By David Toback |

An LLC, or a limited liability company, is a type of business structure that combines the tax benefits and flexibility of a partnership, but the limited liability of a corporation. It is a separate and distinct legal entity from the owners who are referred to members. It has its own powers, obligations, rights, and… Read More »

ElderLaw2

Elderly Exploitation Happens More Than You Think. Has Your Loved One Been a Victim?

By David Toback |

Unfortunately, elderly people make good targets for exploitation, and sadly, it happens more often than you might think. Until recent years, there was very little that could be done to stop the exploitation if someone suspected that their vulnerable family member was being taken advantage of financially. This created a big problem for both… Read More »

Planning

What Are Your Long-Term Care Plans?

By David Toback |

Many of us know that long-term care is expensive. It’s not uncommon for families to have to pay upwards of $100,000 or more per year for the care of one elderly relative. The cost goes up if there is more than one. Most people can’t afford to spend that much money in one year…. Read More »

BusLaw

Considerations When Planning Your New Business

By David Toback |

When a person is starting a new business, it can be exciting but very stressful at the same time. While some entrepreneurs begin a business without taking into consideration all the possible legal implications, having proper legal guidance while planning your new business could be one of the best investments you ever make. If… Read More »

LLC

Why Does an LLC Need an Operating Agreement?

By David Toback |

Having an LLC operating agreement could be one of the most important documents that you create for your company. Although it isn’t legally required, it is very beneficial to have such an agreement. An operating agreement is like a prenuptial agreement for your business, and it’s never too late to create one. What Does… Read More »

AssetP2

Do You Have an Asset Protection Plan in Place?

By David Toback |

People in Florida work hard to earn the things that they have. If you own significant assets or property, it is important that you be sure to protect them from a potential lawsuit or creditors. Many people have worked with an attorney to initiate an asset protection plan, but if you don’t have one,… Read More »

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