The Brady Bunch has become the typical Modern Family – How remarriages are affecting inheritance
If a couple is married for the first time with young children and are working on your estate plan, the decisions about where the assets go are usually easy. Most parents in that situation want their entire estate to go to the surviving spouse, and upon the death of the surviving spouse, equally to their...
Financing and Growing Your Small Business Through Crowdfunding
What is crowdfunding? Part social networking and part capital accumulation, crowdfunding requires collective cooperation, attention and trust by people who network and pool their financial resources together to support efforts initiated by others.
Inspired by crowdsourcing, this innovative approach to raising capital has long been used to solicit donations or support political causes. This...
How Extraordinary! The O Visa: Permission to Work In the U.S. on the Basis of Extraordinary Ability
With the immigration impasse in American politics, it is harder than ever to move to the U.S. permanently, or even temporarily for work. There is one type of legal entry into the U.S. however, that is comparatively easy, if you can meet the criteria: temporary entrance by individuals with “extraordinary ability” as defined by...
Differences Between Testamentary Trusts and Living Trusts
When planning for the future, you may be wondering: What type of trust is right for me? Trusts are powerful estate planning tools, but they are not all the same. In Florida, two common options are testamentary trusts and living trusts. Each works differently when it comes to when the trust...
Do Heirs Have to Pay Off Their Loved One’s Debts?
The aftermath of the great economic crisis of 2008 has left many older Americans facing substantial debt in their final years. Are you concerned that, rather than inheriting wealth from your parents, you will instead inherit their bills? The good news is, you probably won't have to pay them. You cannot inherit debts. Probate...
Which Business Structure is Right for You?
What to Do After a Loved One Passes Away
The loss of a loved one is one of life’s most painful traumas, and the responsibility for handling the affairs of the deceased can make it even more stressful. The level of estate planning done prior to death will determine whether estate administration will be a difficult undertaking or a simple...
Medicare vs. Medicaid: Two Different Government Programs With Confusingly Similar Names
Pluses and Minuses of Dual Citizenship
