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IRA TIPS

Death Before the RBD (Required Beginning Date).  If the owner of an IRA dies before the RBD (or at any age for a Roth IRA owner) one of two rules apply.  The first rule (five-year rule) requires the entire benefit to be distributed on or before December 31 of the year in which the fifth […]

Kurt Panouses Interviewed by NBC 26 in Green Bay, Wisconsin

Kurt Panouses was thrilled to be interviewed by NBC 26 in Green Bay, Wisconsin this week. The story focuses on the Privacy element of lottery winning, and it’s importance. Read the full story here: https://www.nbc26.com/news/local-news/their-whole-life-changes-how-lottery-winners-seek-privacy-amidst-wisconsins-disclosure-law

How claiming a $1.05B jackpot as a Michigan lottery club allowed winners to stay anonymous

LANSING, MI – Four members of the Wolverine FLL lottery club are the newest millionaires in Michigan after coming forward to claim a $1.05 billion Mega Millions jackpot. However, despite state law that requires the identities of multi-state jackpot winners to be made public, it appears the identities of three members of the group will remain anonymous. […]

HONEYDEW LOVE TRUST CLAIMS A SWEET $5 MILLION SCRATCH-OFF TOP PRIZE

TALLAHASSEE – The Florida Lottery announces that Kurt Panouses, 64, of Indialantic, trustee of the Honeydew Love Trust, claimed a $5 million top prize from the 200X THE CASH Scratch-Off at Florida Lottery Headquarters in Tallahassee. He chose to receive his winnings as a one-time, lump-sum payment of $4,450,000.00. The winning ticket was purchased from Racetrac, […]

LUCKY TRUST CLAIMS $1 MILLION FROM THE $5,000,000 LUCK SCRATCH-OFF GAME

TALLAHASSEE – The Florida Lottery announces that Kurt Panouses, 64, of Indialantic, trustee of the Bark Trust, claimed a $1 million prize from the $5,000,000 LUCK Scratch-Off game at Florida Lottery Headquarters in Tallahassee. Bark Trust chose to receive the winnings as a one-time, lump-sum payment of $760,000.00. The winning ticket was purchased from Publix, located […]

LUCKY LLC CLAIMS $1 MILLION FROM THE $5,000,000 LUCK SCRATCH-OFF GAME

TALLAHASSEE – The Florida Lottery announces that Kurt Panouses, 63, of Rockledge, managing member of the OHERIE2BBTLEY, LLC, claimed a $1 million prize from the $5,000,000 LUCK Scratch-Off game using a secured drop box located at Florida Lottery Headquarters in Tallahassee. OHERIE2BBTLEY, LLC chose to receive the winnings as a one-time, lump-sum payment of $760,000.00. The […]

Panouses Law Helps Lottery Winner MARCAR Trust Claim $16.5 Million Dollar Prize

BREVARD COUNTY, FLORIDA – The Florida Lottery announces that Kurt Panouses, 63, of Indialantic, trustee of the MARCAR Trust, claimed the $16.5 million FLORIDA LOTTO® jackpot from the drawing held on November 28, 2020, at Florida Lottery Headquarters in Tallahassee. Panouses is a board-certified attorney in Wills, Trusts and Estates Law serving Brevard for more […]

BREVARD COUNTY TRUST HAS A “LOTTO” REASONS TO BE THANKFUL THIS HOLIDAY SEASON

TALLAHASSEE – The Florida Lottery announces that Kurt Panouses, 63, of Indialantic, trustee of the MARCAR Trust, claimed the $16.5 million FLORIDA LOTTO® jackpot from the drawing held on November 28, 2020, at Florida Lottery Headquarters in Tallahassee. MARCAR Trust chose to receive the winnings as a one-time, lump-sum payment of $13,648,711.36. The jackpot-winning FLORIDA LOTTO […]

2020 ELECTION/ Death Tax Quagmire

Whether you are Republican or Democrat, you need to look at this November’s election and determine the potential death tax impact of victory by Donald Trump or Joe Biden. Since 2000, the death tax exemption has increased from $675,000 (and a top tax rate of 55%), to an exemption now at a level of $11.58 […]

THE FLORIDA PROBATE PROCESS: A Step-By-Step Guide

I. Probate Assets/ Non-Probate Assets: 1. The first step is to determine whether an “asset” is a Probate asset. Individuals pass away with many different types of assets. Probate assets are those that are individually owned by the decedent. Non-Probate assets do not need to be included in the Probate process in order to transfer […]

Brevard County LLC Claims $15 Million top Prize from the Florida 100x The Cash Scratch-Off Game

TALLAHASSEE – The Florida Lottery announces that the managing member of ABIDE7LIWA, LLC, Kurt Panouses, of Indialantic, claimed a $15 million top prize from the FLORIDA 100X THE CASH Scratch-Off game, at Florida Lottery Headquarters in Tallahassee. They chose to receive the winnings as a one-time lump-sum payment of $11,175,000.00. The winning Scratch-Off ticket was […]