Bauer Brofsky Will Protect Your Rights Against State Overreach

Television and film frequently portray state prosecutors as heroic and incorruptible figures dedicated to truth, justice, and the law. But not all investigators and prosecutors live up to this widespread and culturally accepted narrative: in fact, far too often, assistant state attorneys engage in outright abusive behavior towards the victims and witnesses they are alleged […]

Useful Tax Tips for Poker Players

In a previous post, we looked at the many ways in which taxes apply to gambling, whether at a casino or during a friend’s poker night. With that information in mind, here are some useful tips on how to navigate the complex world of tax law as a poker player. File as a Professional Gambler […]

Poker and Tax Consequences

  There are few experiences more gratifying to a poker player than winning big. As poker continues to grow in popularity, millions of players will feel the impact of tax law, which applies to gambling winnings as it does to any income earned – albeit with some important stipulations. For starters, all gambling winnings are […]

Bauer Brofsky Law Firm Launches New Website

Bauer Brofsky Law Firm P.A., among the premier South Florida Law Firms operating in the Miami-Dade, Broward, and Palm Beach counties, has launched a cutting-edge website at TheBBLawFirm.com, which will make its comprehensive legal services more accessible to clients. The state-of-the-art website allows clients to learn about the firm’s wide-ranging areas of practice, which include […]

Understanding Living Trusts – Part I

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I have a will. Why would I want a living trust? — Contrary to what you’ve probably heard, a will may not be the best plan for you and your family. That’s primarily because

Probate

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Probate is the method by which the assets of a deceased person are gathered, creditors paid, and the remainder of the estate distributed to beneficiaries. In most Florida counties,

1031 Exchange

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  So what is 1031? Broadly stated, a 1031 exchange (also called a like-kind exchange) is a swap of one business or investment asset for another. Although most swaps are taxable as sales, if you come within 1031, you’ll either have no tax or limited tax due at the time of the exchange. If you […]

The Costs of Probate and the Benefit of Estate Planning

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What Is Probate? When you die, your estate goes through a process that manages, settles, and distributes your property according to the terms of your will or according to the intestacy laws of your state. This process is governed by state law and is called probate. Probate proceedings fall under the jurisdiction of the probate […]