News

Sep 5, 2026 · 6-min read

Jack Daniel's maker Brown-Forman, the $15 billion Sazerac bid, Wolf Pen Branch family voting control, and how Florida voting trusts and voting agreements work

Brown family members hold 60.3% of Brown-Forman's voting Class A shares through Wolf Pen Branch, LP, which rejected a Sazerac offer reported at $15 billion, or $32 per share. Florida law has two comparable tools: the voting trust in § 607.0730 and the voting agreement in § 607.0731.

Aug 3, 2026 · 5-min read

2026 federal estate tax exemption of $15,000,000: Florida has no estate tax, and the Form 1040, Form 1041 and portability rules for a Florida death

The 2026 federal basic exclusion amount is $15,000,000 per person. Florida imposes no estate tax for deaths after December 31, 2004. This post lists the federal estate tax rules and the income tax returns an estate can require, each with its source.

Aug 3, 2026 · 4-min read

Florida 2026 probate reform: what changed, chapter 2026-57 and the $150,000 summary administration limit

Chapter 2026-57, Laws of Florida, raised the summary administration limit from $75,000 to $150,000 effective July 1, 2026, and changed three smaller thresholds and several personal representative provisions. This post lists each change with its section.