Creating a will gives you the opportunity to name a personal representative as well as a legal guardian for your minor children. But if you are like many parents, you have yet to complete this part of the estate planning...
One of the core components of a functional estate plan is the selection of beneficiaries. Often, you will choose people you care about to acquire your assets. As your life progresses, you may want to change who you have previously...
Your estate plan likely contains private information regarding your finances, investments and legacy. While you do not want to share this information without boundaries, you may want to inform those close to you of your intentions. Understanding the value of...
It is not enough to be among the roughly 30% of Americans who have a will or estate plan in place. For the courts to consider your will or estate plan appropriate or even valid, it must align with your...
If you established substantial wealth throughout your life, you may want the opportunity to share it with your children and the generations to follow. According to CNN, there are ways for you to ensure that your money remains in the family. Start...
A common assumption amongst many of those engaged in the estate planning process in Florida is that there is nothing one can do to avoid the potential for estate taxes. Yet if you share the same belief, you should know...
Living wills provide people the means to dictate how the medical world approaches their life, whether it is in crisis or not. Without directives from a living will, healthcare professionals have a default procedure to fall back on that may...
As your parents age, it is likely difficult for you and your siblings to consider the future without them, and this often leads to a lack of discussion regarding an estate plan. However, the American Association of Retired Persons reports...
A living trust provides more control over your assets and the process for dispersing them after you are gone. It also helps avoid probate, because the trust will own your assets going forward. According to Kiplinger, many estate planners forget to...
Misinformation can result in complications when planning your estate. Before you start the process of drafting a will, reviewing these common myths can help inform smart choices for your finances. These are the facts behind four often-repeated estate-planning misconceptions. The age...
