Ourednik Law Offices P.A.

09/02/2022

Have a Safe and Wonderful Labor Day Weekend!

In observance of Labor Day, we will be closed Monday, September 5th.

08/26/2022

For our followers who have already created a will, and have made plans for their assets and families, it is important to make sure your documents are updated regularly every 3-5 years. However, there are a couple situations that require you to update your will sooner. They include legislative changes to estate planning laws as well as situational family changes such as the birth of a child, marriage, or the passing of a parent.

If you're unsure of any changes to state laws that may affect you, or have recently had a change in your family situation it is important to reach out to a trusted estate planning professional to make sure your will is up-to-date. To have your documents reviewed or for more information contact us at Ourednik Law Offices and one of our trusted attorneys will help guide you and alleviate any concerns you may have.

Whether you are a new client contacting us or an existing client with new questions, we are here when you're ready to contact a lawyer.

08/22/2022

Planning for your future can be a daunting task. There are many different options and a lot of information to take in when it comes to estate planning. Without someone to guide and educate you on what is best for your family, it can be difficult to know what options are available to you beyond a simple Last Will and Testament. This week’s blog takes a look at Revocable Living Trusts and how they may better suit your needs compared to a traditional will.

A Revocable Living Trust allows you to ensure that your property passes as you wish it to at the time of your death. In this respect...

08/19/2022

What is a Revocable Living Trust? Do I need one?

Put simply, a Revocable Living Trust (RLT) is a legal entity in which the creator/owner (settlor) places their assets. It may be amended throughout your life and allows for ease of asset distribution to your loved ones without going through probate.

An RLT is changeable and allows for continuous management of assets during your lifetime. As well, it protects your privacy, allows for segregation of assets acquired prior to marriage, and authorizes an appointed person to act on your behalf if you become incapacitated.

To help you learn more we’re posting a blog tomorrow that gives you an in-depth look at Revocable Living Trusts and how they can benefit you. You won’t want to miss this one - trust us!

08/15/2022

Continuing this month’s theme about will awareness and their importance we recently posted the latest edition to our newsletter. This week we discuss some of the types of trusts that are available, including options for minors and even pets, so that you can use your assets to create opportunities and care for your loved ones well into the future.

Whether you are a new client contacting us or an existing client with new questions, we are here when you're ready to contact a lawyer.

08/12/2022

It’s a common myth that the government can take your money if you don’t have a will.

While the government can’t simply take your assets, without a will you won’t have full control of where your money or estate goes and you’ll have no way to ensure that your loved ones receive what you intend for them. ‘Carpe Diem’ or rather “Seize the Day’ and follow our weekly newsletter to learn more about wills, revocable living trusts, and other ways to protect your family and your future.

Whether you are a new client contacting us or an existing client with new questions, we are here when you're ready to contact a lawyer.

08/10/2022

Did you know 68% of Americans do not have a will?

Unfortunately, when someone passes intestate (without a will), their beneficiaries do not immediately receive their assets, and they must go through the long and costly process of probate. Don’t be part of the statistic, get your will done and save your family the pain of probate.

Whether you are a new client contacting us or an existing client with new questions, we are here when you're ready to contact a lawyer.

08/08/2022

Part 2 of our Homestead Protection in Florida series has just launched. If you want to learn more about how to obtain homestead protection and plan for your estate, this article was made just for you.

Homestead protection from property taxes is obtained by contacting the applicable county property appraiser and submitting ...

08/05/2022

This month is National Make a Will Month! That means it’s time to plan for your future by protecting yourself, your family, and your estate. We will be posting beneficial info about wills and estate planning all throughout the month of August to promote awareness about the importance of will creation. It’s never too late to plan your estate!

Whether you are a new client contacting us or an existing client with new questions, we are here when you're ready to contact a lawyer.

08/01/2022

Are you taking full advantage of Homestead Protection in Florida?

Discover more about the different types of homestead protection in Part One of our new two-part blog, and check in next week for Part Two to learn more about obtaining homestead protection/exemption and how to plan for your estate.

Many Floridians are aware of the legal concept of homestead protection in the State of Florida. However, not all residents understand ...

07/29/2022

Protecting Your Family - Does Probate Avoidance Protect Your Assets?

Our families are what matter most in our lives and we need to ensure that they are protected in the years to come.

Using probate avoidance measures such as creating jointly owned property, life estates, beneficiary designations, and living trusts may minimize short-term costs, but cutting corners now may result in future difficulties for our loved ones.

Probate avoidance does not equal asset protection. It may leave your family vulnerable to issues regarding probate in the future due to creditor claims, additional property not covered by the probate avoidance measures, as well as individual challenges made against the probate avoidance measures.

Protect your assets and get peace of mind knowing your family is safe and secure by seeking guidance from a trusted tax and estate planning attorney.

At Ourednik Law Offices, we offer legal services including Asset Protection, Business Law, Tax Law, Elder Law, and Estate Planning help.

07/25/2022

Considering an Offer in Compromise? Here’s what you need to know.

Avoid the traps that some businesses, called Offer in Compromise mills, are offering. They make claims that they can reduce unpaid taxes and charge huge fees to clients, even those who are not eligible to use the program.

Facts: The IRS offers an Offer in Compromise Pre-Qualifier tool to let you know if you are eligible to settle your tax debt for less than the full amount owed. They even provide step-by-step assistance for taxpayers to apply with their OIC video playlist. If you are ever concerned about how to manage your tax debt, be sure to reach out to us at Ourednik Law Offices; we’re here to help.

Original Article: https://www.irs.gov/newsroom/companies-who-promise-to-eliminate-tax-debt-sometimes-leave-taxpayers-high-and-dry

IRS Offer in Compromise Pre-Qualifier Tool: https://irs.treasury.gov/oic_pre_qualifier/

IRS OIC Video Playlist: https://www.irsvideos.gov/Business/PostFilingIssues/OfferInCompromise