If you or your family members hold cryptocurrency, significant changes are on the horizon that may impact your tax strategy. It’s crucial to act before December 31, 2024, to qualify for IRS “safe harbor” protections related to the basis of your crypto assets. Here’s what’s changing and how you can prepare. What’s Changing? Starting in 2025, […]
As parents, we want the best for our children. We strive to provide them with love, support, and a safe environment to grow and thrive. But life can be unpredictable, and it’s essential to plan for the unexpected. That’s where Kids Protection Planning comes in. Kids Protection Planning is a crucial step for every parent […]
Rupert Murdoch’s sprawling media empire is again at the center of a legal firestorm. Recently, a Nevada probate commissioner ruled against Murdoch’s attempt to amend his family trust to grant Lachlan Murdoch, his chosen successor, consolidated power over their vast assets. For those who missed our original coverage of this saga, check out our September blog post, which […]
Estate planning is often associated with preparing for death. But did you know that it is just one part of a well-developed estate plan? Planning for situations that can occur while you’re still alive offers critical benefits! At Sibley Law & Associates, we believe in Life & Legacy Planning – a proactive approach to securing your and your family’s future. […]
As Thanksgiving approaches, families across Central Florida are busy planning menus, coordinating travel, and preparing for the big feast. While the turkey, stuffing, and pumpkin pie are important (and delicious) traditions, this cherished holiday offers something even more valuable—a perfect opportunity to think about, discuss, and preserve your family’s legacy. In this article, you’ll discover practical ways […]
Asset protection is the process of protecting your assets from creditors, lawsuits, and other threats. This is important for everyone, but it is especially important for families in Central Florida. Our state is a popular destination for retirees and other wealthy individuals, and as such, it has its fair share of creditors and other bad […]
As we approach Veterans Day, we pause to honor the brave men and women who have served our nation with unwavering dedication. Your military service demonstrated a profound commitment to protecting America’s future – and now it’s time to protect your family’s future through thoughtful estate planning I call Life & Legacy PlanningⓇ. Just as […]
October 21-27 marks National Estate Planning Awareness Week, a perfect time to address the misconceptions surrounding estate planning. At Sibley Law & Associates, we frequently hear myths that prevent people from taking action, often leading to costly consequences for their loved ones. Let’s clear up some of these common myths and highlight why estate planning […]
If you’ve ever thought about planning for your future or assisted a loved one with their estate, you’ve likely come across the term “Power of Attorney”, also known as a POA. But what does it really mean, and how does it work under Florida law? Many misconceptions surround this legal tool, and understanding its true […]
When Legacies Clash: The Murdoch Family’s Fight for Control Media mogul Rupert Murdoch, known for his vast global media empire encompassing Fox News, The Wall Street Journal, and more, finds his family embroiled in a high-stakes legal battle over the irrevocable trust established in 2003 to manage their fortune. This highly publicized dispute, centering on […]
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