- Wills
- Revocable Trust
- Irrevocable Trust
- Testamentary Trust
- Last Will and Testament with a Trust
- Charitable Trust
- Titling of Assets
- Powers of Attorney
- Health Care Directives
- Living Wills
- Guardianship (pre-need statutes)
- Marital Agreement
- Designated Death Beneficiaries
Estate Planning
Trust Administration
- IRS Form 706 preparation
- IRS Form 709 preparation
- IRS Form 1023 Tax Exempt
Tax Planning
Probate / Estate Administration
Corporate / Partnership
- Limited Liability Companies
- Florida Corporations
- Shareholder Agreements
- Employment Agreements
- Not for Profit Corporations
- Partnership (General and Limited)
- Preparation and Filing of all court documents
- Preparation of final IRS tax Forms 1040 and/or 1041
- Preparation of IRS tax Form 706
Medicaid Planning
Real Estate
Estate Planning: A proper estate plan can allow peace of mind. At Linsky & Associates, we handle a variety of estate planning matters, including planning for the distribution of an individual’s property at his or her death and taking into account governing instruments (will and/or trusts), asset titling, designated beneficiaries, and taxes so as to gain the maximum benefit of all laws, while, at the same time, carrying out the person’s wishes. For clients interested in maintaining management and control of their estate, we offer basic estate plans including simple wills, revocable living trusts, pour-over wills, powers of attorney for property management, advance health care directives, children and grandchildren trusts, and other arrangements.
Elder Law: The practice of elder law assists the elderly to protect and preserve their independence, dignity, and financial security by guiding them with the complex legal, financial, and health care issues that they face as they age. Linsky & Associates can help you plan for both the present and future using wills, trusts, powers of attorney, living wills, and health care directives. It is important to determine the proper governing instruments to meet each individual’s personal goals and desires. We are also experienced in Medicaid and health care planning, guardianships, and other concerns that are unique to the elderly.
Tax Planning: At Linsky & Associates, we understand the importance of minimizing the tax burden on assets and activities related to personal and business income. Donald B. Linsky has a master’s degree in tax law and his background allows our firm to be particularly efficient in the representation of commercial and individual clients in all aspects of tax planning, compliance and controversy at the federal, state and local levels.
Business and Corporate Law: In a fast paced business market, we provide prompt and thorough service. Linsky & Associates represents new and established businesses in the array of legal issues encountered daily. We guide new entrepreneurs on how to set up their companies, advising them about choice of entity and about relations with investors, lenders, partners, suppliers, and customers. For growing and mature businesses, we handle employment issues, succession planning, tax planning and acquisitions. Our clients rely on our expertise in corporate transactions, partnerships, formation and contract negotiation. Our staff is versed in preparing Articles of Incorporation, Directors Written Consent to Action, Buy-Sell Agreements, Limited Liability Companies (LLC), Florida Limited Partnerships (FLP), S-Corporations with filing of 2553, Tax Identification Numbers, Florida Not-For-Profit Corporations, request for Tax Exempt Status from the Internal Revenue Service with preparation of Tax Form 1023, maintaining all corporate records and books and preparing yearly annual minutes along with any special minutes.
Probate / Estate Administration: Probate is the èourt proceeding through which a will is validated, the estate of the decedent is administered, and the individual’s debts and obligations are paid and the assets under the jurisdiction of the will are distributed. Estate Administration includes the probate process, as well as, non-probate transfers of the deceased’s assets, such as life insurance, annuities, qualified plans and trusts in compliance with applicable estate tax requirements. We assist the personal representative of the estate in the gathering, valuation, accounting, and distribution of the decedent’s assets and ensure that all steps are properly taken in order to carry out the decedent’s intent in accordance with the law.
Real Estate: Linsky & Associates represents both commercial clients and individuals in all proceedings and transactions that deal with real property/land and the improvements thereon. We assist with the purchase and sale of real estate, including negotiating and drafting purchase agreements and other documents including deeds, mortgages, leases, and closing. (We do not provide title insurance; however we review all closing documents).
Medicaid Planning in Florida: In Florida, many individuals are looking to Medicaid planning as a form to pay for their end of life care. Planning can be critical for this benefit. Below is a list dated March 2007 of the requirements to benefit under Medicaid:
Maximum Community Spouse Resource Allowance: $101,640.00
Resource Allowance for an Individual $2,000.00
Resource Allowance for a Couple $3,000.00
(both husband and wife in a nursing home)
Minimum Monthly Maintenance Needs Allowance $ 1,650.00
Maximum Monthly Maintenance Needs Allowance: $ 2,541.00
Monthly Personal Needs Allowance: $35.00
Shelter Allowance: $ 495.00
Standard Utility Allowed $198.00
Divestment Penalty Divisor: $ 5,000.00
Income Cap Amount: $ 1,869.00
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