Recent Blog Posts
What information shouldn’t be part of a will?
Creating a will as part of an estate plan can be a daunting task for many individuals. That’s why many rely on estate planning professionals to help them put together a solid will that takes care of all of their needs. But, it’s important to remember that while a will should be as thorough… Read More »
Estate planning for blended families
Many more families today are blended than may have been the case in years past. Blended families can present unique challenges concerning estate planning that individuals considering how to approach estate planning should be aware of. Effective estate planning is always a good idea but it can have especially important implications in cases of… Read More »
Estate planning tax discounts at risk with new IRS proposal
The Internal Revenue Service (IRS) has proposed changes that will impact the use of certain deductions used to reduce the taxable assets in an estate for estate planning purposes. More specifically, the IRS is attempting to cut the minority discount often used when valuing interests held in family limited partnerships (FLPs). FLPs are common… Read More »
What usually happens during the process of probate?
It is only after someone’s death that the process of actually settling their estate and distributing their assets can begin. For most beneficiaries, this means that their family member’s estate documents will need to go through probate. But to many Florida residents, the process of probate can sound very mysterious. So what exactly happens… Read More »
Avoiding estate planning mistakes
Protecting your estate is important, and there are many ways in which you can do that. Unfortunately, there are also many estate planning mistakes that can be made, and these can be very costly. These kinds of mistakes can put your future and the future of your beneficiaries at risk, and you might not… Read More »
Estate planning 101: Two options to preserve digital assets
Putting together an estate plan is an important step towards wealth management. However, an oft forgotten area of estate planning involves digital assets. These assets should also be included within your plan. There are two basic routes to ensure these assets pass in accordance with your plans, one is tangible and the other is… Read More »
Tips that can help someone choose the right executor
Picking the right person to act as an executor of an estate is not a simple task. Many times people who seem to be a logical choice, such as a spouse or a son or daughter, may not have the qualities needed to properly take care of a testator’s estate. But, there are some… Read More »
Saying “I do” again? Consider these 3 estate planning tips first.
Finding love a second time around is a wonderful thing. Those who find themselves in this happy situation can take steps to help better ensure that their happily ever after truly lasts “ever after”. Revisit your estate plan to ensure your “ever after” is protected Protect your ever after with these three estate planning… Read More »
A will can be an essential estate planning document
Estate plans can vary in complexity. For individuals who have sizable assets, they can include a variety of documents, including several different kinds of trusts such as irrevocable trusts, revocable trusts and even special needs trusts. But, while someone who has much more modest assets may not need many of these different estate planning… Read More »
Putting together an estate plan? Three steps to success.
A number of events can trigger the need for an estate plan. Some realize this need when they have children. Others begin the process when retirement is on the horizon. Whatever the occasion, it is wise to have a basic outline in place before sitting down to put together the plan. The easiest way… Read More »
