Tag Archives: Estate planning
Advanced estate planning can offer significant advantages
A good estate plan is essential for anyone who wants to have peace of mind over their assets and legacy. Starting with the basic building blocks such as a will, an estate plan can be either quite simple and direct, or more complicated and involved, depending on the testator’s situation and needs. More involved… Read More »
What strategies can help retirees preserve more of their wealth?
A solid estate plan can do more than help the beneficiaries of an individual’s estate. Estate planning can also help the testator preserve more of their assets once they retire. That’s because estate planning experts recognize many of the common pitfalls in this area. They also know many strategies that can help a testator… Read More »
Three estate planning tips to take before diving into summer
School’s out for summer! Almost. But before you pull out those board shorts, grab that sunscreen and head to the beach, it is a good idea to take a few steps to make sure your house is in order – your financial house. A big part of keeping your finances in order involves having… Read More »
Strategies that can leave beneficiaries additional assets
One of the established goals of estate planning in Florida is to try and make sure that more of the testator’s assets are left to his or her beneficiaries. That’s because taxes, lingering debts and the probate process can be expensive and take a sizable chunk out of an estate’s assets. But there are… Read More »
How important is estate planning for singles?
Most Floridians know that estate planning is essential, especially if they have a spouse and children. Good estate planning, including a will, is the best way to express one’s final wishes to their heirs. But, what if someone is not married and has no children? Is estate planning just as important for a single… Read More »
What estate tax issue can now also benefit same sex couples?
Until recently, same sex couples could not take advantage of the same tax implications benefits that heterosexual couples could. That changed on June 25 of 2015 with the Supreme Court’s ruling on the legality of gay marriage. But that historic decision did more than just grant same sex couples the right to get married… Read More »
What estate tax benefits are available to same-sex couples?
Until recently, same-sex couples could not take advantage of the same tax benefits that heterosexual couples could. That changed on June 25, 2015, with the Supreme Court’s ruling on the legality of gay marriage. However, that historic decision did more than just grant same-sex couples the right marry. It also granted them the right… Read More »
Updating an estate plan now can help prevent problems later
There aren’t many people who like to work on estate planning documents. It constantly reminds them of their own mortality and can be tedious. However, failing to take the time to update an estate plan can lead to major disaster later on. If a testator doesn’t update the beneficiaries to their estate after a… Read More »
Steps that must be taken when seeking a Florida guardianship
It can be heartbreaking to realize that a beloved family member is no longer able to make their own decisions. But, should that time occur, many Florida residents choose to appoint a guardian for their family member to take care of them and make their medical, financial and personal decisions. However, the process of… Read More »
Frequent estate planning mistakes that should be avoided
Good estate planning can go a long way to ensure that all of the testator’s final wishes are carried out. However, even a solid estate plan can be undone by simple careless mistakes that may not be obvious to many individuals. So here are two common estate planning errors that should be avoided at… Read More »
