US Supreme Court decides 8-1 to Uphold Revocation-On-Divorce Provision

These days, when the US Supreme Court decides a matter 8-1[1], it should be “breaking news!” That the case also involves estate planning matters means that you should know about it as soon as possible. So as not to keep you in suspense, here’s what is important. For life insurance policies that a married couple purchases and cross-designates the beneficiary, …

Upgrading Your Estate Plan Now That Your Kids Are Off to College

Sending your kids off to college is a bittersweet experience. Some parents are reluctant to let their children out into the real world, constantly worrying about their health and safety. Others are eager to remodel the child’s bedroom or take the couple’s vacations they never could when their kids were young. No matter how you feel about your child’s imminent …

Spring Cleaning for your Legal and Financial Affairs

Spring is in full swing and summer is right around the corner! This means that it is spring cleaning time and summer slim down! Shake out the rugs, clean out the cupboards, and donate those clothes that might not be fashionable anymore. This is also an excellent opportunity to get your legal and financial affairs in order. For many, it’s …

Will Your Company Survive the Death of Your Business Partner?

You started your own business to have full control over your finances and your future. However, if you attempt to pass on business assets in a personal estate plan, your authority could be gone in an instant, leaving your profits, employees, and reputation in the hands of the Florida probate courts. If you own part or all of a business, …

How Joe Biden’s Tax Proposals Could Affect Your Estate Plan

Every election year brings the potential for change, with new laws and proposals in the works before candidates even take office. This election is no different, and the proposed changes in the law are especially worrying for Florida residents with high net worth. Joe Biden’s tax plan proposes raising rates and lowering exemptions from the top down, with the highest …

The patch work needed on the intricate quilt that is Marriage Equality

Independence Day was a fun and food-filled reminder of how wonderful a country the United States is. The American experiment with a republican form (not party) of government that is based on equality before the law has resulted in a more advanced and egalitarian society than history has ever seen. No American or immigrant has come to this country to …

Maneuver Litigation: A Marines’ Approach to Dispute Resolution

From the courtroom to the boardroom, our goal at Yolofsky Law is to help clients achieve their goals quickly and efficiently. Trust, technology, and communication are the key fundamentals that enable our firm to successfully maneuver clients through legal disputes. Starting with the end in mind. Before a strategy for dispute resolution can be formed, we must begin with a full understanding …

Tips for Developing Business Emergency Plans

Friday nights are typically spent winding down the week by trying to organize the chaos of corralling small children. A bit to my surprise, my wife remarked, “there are police cars in front of the house, what’s going on?” True enough, when I looked out the window there were actually 4 police cars in the vicinity of the house – …

The Framework of a Deal

Donald Trump published a book many years ago titled “The Art of the Deal.” Dozens of articles are published every year about negotiating a better deal. This past week, the United States announced that a framework of a deal to restrict Iran’s ability to obtain nuclear weapons. However, the details still need to get worked out before June 30, 2015. …