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Tag Archives: Tampa Asset Protection Lawyer

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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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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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AssetP3

Which Assets are Protected from Creditors Under Florida Law?

By David Toback |

One of the goals of an estate planning attorney is to make sure his clients’ assets are protected. And, to be sure, one of the most important assets a person has is their retirement account. Unfortunately, these accounts are often the target of creditors, but luckily, many types of retirement accounts are protected by… Read More »

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AssetP3

Lawsuit Challenges Legality of Online Property Value Website

By David Toback |

The value of your home means a lot. Whether you are trying to sell it, use it to show assets, use it to take out an equity line of credit, or to demonstrate net worth, you generally want the value of your home to be as high as possible. Who Values Property? Property is… Read More »

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Judgments Don’t Go Away Even After Significant Time Has Passed

By David Toback |

Often, people who have what they perceive as no assets, or who for whatever reason opt not to defend a claim against them or their business, make the decision to allow a judgment to be entered against them if they are sued. They often perceive themselves as being “uncollectable,” or worse, they may have… Read More »

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EstatePlanning2

The Estate Protections of a Guardianship

By David Toback |

As people age or get ill, it is an unfortunate fact that mental ability starts to decline. In most cases, people may not be as sharp, but they will remain sharp enough to take care of their own affairs. But sometimes, whether due to injury or disease, the ability to make basic decisions about… Read More »

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New Case Discusses Difficulties in Revoking a Trust

By David Toback |

It seems that wills and trusts go hand in hand. People will often set up both simultaneously, and assuming they are drafted property, both will work in tandem with the other and remain consistent with their intentions. But what if they don’t? What if a will contradicts, or even revokes, a trust? That’s a… Read More »

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Benefits and Income That May Be Creditor Exempt

By David Toback |

When we think of property or income that can’t be touched by most creditors, we tend to think of the more common ones, such as homestead property or an IRA. But there are many sources of income and assets that federal law protects from creditors (who aren’t collecting tax debts). Knowing about them can… Read More »

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Out-of-State Powers of Attorney Should be Reviewed

By David Toback |

Living in Florida, a destination for vacationers, those with second homes, and retirees alike, we tend to get more people coming into the state to live than leaving it. With that migration comes legal issues to deal with, especially for people who may have set up their legal and estate affairs in different states…. Read More »

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Florida’s Death Presumption Statute Can Aid in Difficult Situations

By David Toback |

When someone passes away, there is almost always the attendant grief and sorrow that goes along with it. When we are aware of a passing, relatives can begin making proper arrangements for the disposition of assets, hopefully with the aid of estate documents that have determined how property should be handled. But there can… Read More »

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