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Inheritances

Trusts facing higher tax rates

Recent tax increases have effected a vehicle that many Florida residents use as part of a comprehensive estate plan. The marginal 39.6 percent rate included in the 2012 tax legislation that is imposed on an individual's income in excess of $400,000 is applied to...

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Downside of windfalls

If someone in Orlando hears they are coming into an unexpected windfall in the form of a substantial inheritance, it may present a significant shock to that individual. An unexpected surprise of this nature may negatively affect someone. However, by planning...

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