Unlocking the Secrets of Probate & Trust Taxation: Expert Strategies for Florida Residents
Probate and trust taxation plays a crucial role in estate planning, ensuring tax compliance and minimizing the financial burden on estates and trusts. For Florida residents, understanding how estate tax, fiduciary income tax, and gift tax apply is vital. Jostock & Jostock, P.A. is dedicated to helping clients, especially in Naples, navigate these complexities with effective tax strategies tailored to individual needs. What is Probate & Trust Taxation? Probate Taxation: Probate is the court-supervised process of administering a deceased person's estate. Taxes associated with probate include estate tax (for estates that exceed the exemption limit), fiduciary income tax (on income generated by the estate), and possibly inheritance tax, though Florida does not impose one. Trust Taxation: Trust taxation refers to how the IRS treats assets held in a trust. Trusts are taxed based on whether they are revocable or irrevocable, as well as the income generated from the assets. Proper...
Nov 29, 2024
Staggered vs Ortholinear
What are Staggered and Ortholinear Layouts Before diving into the topic, a brief introduction is needed for those that might not know the terms. Staggered is a little easier to deduce from the word itself - keys are aligned vertically (going across a given row, the key to the left and right does not shift position up or down—in other words, the vertical rows are all in alignment) but are staggered horizontally (conversely, going up or down a given column, the keys above and below a key do shift position left or right). Ortholinear means that the keys are all aligned vertically as well as horizontally, most often in a perfect grid pattern. This is also sometimes referred to as a “matrix” layout, though this is less common in the keyboard hobby. There are also other types of staggering (uniform, symmetric, and columnar), but we won’t be covering those in this introductory article.
History of Staggered Layouts While not critical to understanding the difference between the two layout types, some history seems appropriate at this point. Feel free to skip below if you’d prefer. When typewriters were first developed, staggered layouts became a design necessity. Each key that the user pressed was connected to an arm (“typelever” or “keylever”) which was mechanically connected to the typebar. Pressing a given key causes the linkages to move such that the reversed character on the typebar is slammed into the ink-ribbon-covered paper, leaving that character inked onto the sheet.