New Parents—Why Now Is A Good Time to Create a Will
Everyone should have a will in place. For new parents, however, the importance of establishing a will becomes even more pronounced. Here, we will discuss several compelling reasons why now is an opportune time for new parents to create a will.
New Parents—Why Now Is A Good...
What Steps Can I Take Now To Protect My Assets If I Need Assisted Living?
Planning for assisted living and taking steps to protect your assets is a prudent move that can provide financial security and peace of mind for both you and your loved ones. As you age and potentially face the need for assisted living, careful financial planning can help preserve your assets and ensure...
Is Guardianship the Right Choice for My Loved One with Special Needs?
Deciding whether guardianship is the right choice for a loved one with special needs is a complex and sensitive matter that requires careful consideration of various factors. Guardianship is a legal arrangement in which one person is appointed to make decisions on behalf of another who is deemed incapable of managing...
The Impact of Estate Taxes and How to Minimize Them
There are two kinds of “death taxes.” First, there is the estate tax. An estate tax is a tax on the total value of your estate. This includes anything from cash to real estate to investments and everything in between. An estate tax is paid after you die and before your...
Digital Assets and Your Estate Plan: Navigating the Modern Landscape
As our lives evolve, so should our estate plans. After all, think about how different life looks for most of us than it did for previous generations. Technology, for instance, has had a huge impact that has affected countless aspects of our lives. It is no wonder that estate planning needs...
Don’t Avoid These Important Estate Planning Conversations
You might have had estate planning on your to do list for a while now. Somehow, estate planning is one of those things many of us intend to do, but keep putting it off. This can be for a variety of reasons, but one of the more common reasons is the...
Reasons to Put a Power of Attorney in Place
Powers of attorney play an important role in estate planning and, more specifically, incapacity planning. You see, comprehensive estate planning involves putting protections in place for your future as well as that of your loved ones. With a power of attorney, you, the principal, empower another, your agent, to act and...
Have You Heard of ABLE Accounts?
If you or a loved one have special needs, it is likely that you are currently accessing government benefits. These programs are designed to assist persons with special needs with everything from everyday cost of living to medical care and more. While these programs provide critical benefits, they can also feel restricting...
What is a Qualified Personal Residence Trust?
There are so many tools in the estate planning toolbox that most people do not know about. This is part of the reason engaging in estate planning as early as possible is so important. Take the time to explore your options and find out what arrangements work best for you, your goals,...
Florida’s Intestacy Laws
State intestacy laws come into play when a person dies without a valid will in place. When someone passes away and they do not have a legally valid will in place, they are said to have died “intestate.” In the absence of having the terms of a will direct distribution of a...