How often do real estate brokers need to take continuing education in Florida?
Request a Book! Florida Real Estate Sales Associates and Brokers must complete 14 hours of state approved continuing education (including 3 hours of Core Law) every 2 years by either March 31 st or September 30 th, based on their license expiration date.
When to send closing letter for estate taxes?
Please wait at least nine months after filing the return to make the closing letter request to allow time for processing. For examined returns, please allow up to 30 days after the examination is complete for processing. The closing letter will be prepared and issued to the executor at the address of record.
What makes up the includible portion of an estate?
The total of all of these items is your “Gross Estate.” The includible property may consist of cash and securities, real estate, insurance, trusts, annuities, business interests and other assets. Keep in mind that the Gross Estate will likely include non-probate as well as probate property.
How to check the status of an estate tax return?
For questions about the status of an estate tax return, call 866-699-4083. Only authorized individuals will be provided information related to a taxpayer. Is there an alternative to the Estate Tax Closing Letter?
What are the most common questions in estate planning?
To help ease your concerns and get you on the right path, here are answers to 10 of the most common estate planning questions. Question 1: How is my property transferred at death?
What happens if estate planning is not carried out?
If estate planning was not properly carried out, and the property transfer rules are in conflict, some very unfortunate results, such as in the following two stories, could happen: Case #1: John Doe’s mother said in her will that her estate would be divided equally among John and his two sisters.
When to have an estate plan in place?
In reality, once the “benevolent dictator” passes, sibling rivalry, in-law influences and many other issues arise. It is not unusual that an estate is significantly drained by legal fees due to these conflicts. The only way to avoid such tragedy is to have a solid estate plan in place before death.
Where can I get an estate tax closing letter?
The closing letter will be prepared and issued to the executor at the address of record. For any additional questions about estate tax closing letter requests or the status of an estate tax return, call (866) 699-4083. Only authorized individuals will be provided information related to a taxpayer.