McLin Burnsed has been a respected member of North Central Florida’s legal community for more than 40 years. Our firm’s practice focuses on two client markets:

• Legal services to meet the needs of small to large businesses, including business law, commercial real estate development, litigation, and employment law.
• Legal services to meet the needs of individuals, including real estate, wills, trusts and estate planning, and personal injury.

Our Firm reflects the growth and change of North Central Florida. With a team of 17 attorneys, McLin Burnsed is the largest law firm in the Fifth Judicial Circuit, which includes Citrus, Marion, Lake, Hernando and Sumter counties. By tailoring our practice to meet the needs of individuals and businesses in a rapidly developing area, we have grown along with the communities we serve.The hiring of a lawyer is an important decision that should not be based solely upon advertisement.  Before you decide, ask us to send you free written information about our qualifications and experience.

01/04/2012
Currently, estate tax law exempts the first $5 million of assets from estate taxes at your death. This means that you can pass up to $5 million to your heirs, tax free.

Rep. Jim McDermott, (D-Wash) recently introduced transfer tax reform legislation to the House Ways and Means Committee, H. R. 3467. Dubbed the "Sensible Estate Tax Act of 2011," the new law would drop the exempt amount back down to $1 million and restore high tax rates, reaching 55%.

If this bill passes and is made into law, then, at your death, any assets you own over $1 million will be taxed at the rate of 55%, bef ... Read More