Newsletter

Florida Governor's Emergency Orders Bring Relief
By Philippe Jeck

ZIKA, HURRICANES, AND ALGAE BLOOMS, OH MY. Each of these three events in 2016 prompted Governor Scott to issue emergency orders, some of which are continuing into 2017. Florida Statute 252.363 provides that when a state of emergency is declared for a particular part of the state, certain state and local development orders within that part of the state can be extended.   Thus, if a qualified permit holder could benefit from an extension, even if the reason is completely unrelated to the emergency, this law may provide relief.
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Collect Tax-Free Profit From Selling Your Home
Your home is likely to be your most valuable asset. So it's a good time to review how the federal home sale exclusion tax break works. If you meet the qualifications, the profit from selling your principal residence can be free from federal income taxes. Here are the general rules, as well as some special exceptions. FULL ARTICLE
Inventory Your Possessions
If a disaster happens that destroys some or all of the contents of your home, could you prove what you lost? Most people have no inventory of their possessions no receipts to prove value. Even if an individual is adequately covered by insurance, without proof of value, getting an insurance settlement may be a long and drawn out process. That's why taking an inventory of what you own is important. Here are some tips. FULL ARTICLE
Married Couples: Current Rules May Dictate Estate Changes
Married couples need a well-thought-out estate plan to take advantage of the current tax laws. Here are the latest rules and some strategies for married couples with substantial assets. We'll tell you how to take care of each other financially and pass on your wealth to heirs. FULL ARTICLE