Discussing Will And Estate Planning With Loved Ones Is Important
It is no secret that warmer southern states, including or especially Florida have a high number of retirees. But people of any age are often reluctant to talk about estate planning with their loved ones. It is generally an emotional subject which can also be scary as well. No one wants to consider their own […]
QTIP Trusts Can Help Those Who Are On Second Or Third Marriage
Marriage can make some issues more complicated. This can be even truer for financial issues such as estate planning. However, remarrying can make estate planning even more complicated, especially if there are children from a first marriage that a parent wants to protect in the event of his or her death. Luckily, there are special […]
Woman With Down Syndrome Wants Out Of Guardianship
Guardianships are meant to protect the interests of individuals who are not capable of doing so themselves. However, determining which people really are not able to make decisions for themselves may not be straightforward. Many cases in Florida and elsewhere may be subjective and will depend upon interpretation. There are many instances when the ward […]
George Lucas Makes Smart Estate Planning Move
Even celebrities need to plan ahead. This is what George Lucas, the creator of the ‘Star Wars’ films series, has been working on lately. Lucas has decided to sell his company, LucasFilm, to Disney for $4.05 billion in cash and stock. Many financial experts believe that the 68-year-old Lucas was purposely making an estate planning […]
Pets Are A Concern For Some During Estate Planning In Florida
Most people plan their estates with their family and close friends in mind. They want to make sure their loved ones are taken care of. However, one ‘loved one’ which is commonly overlooked during estate planning in Florida and elsewhere is the family pet. With the onset of the recent Hurricane Sandy, many people have […]
Business Owners Should Take Advantage Of 2012 Estate Planning Law
Financial experts are now saying that it may be a good time for people to consider planning their estates if they have not done so yet. Estate planning laws are currently ideal for asset protection and transferring wealth while avoiding taxation. Business owners in Florida who are near the end of their lives and are […]
Hoarders Can Make Estate Planning And Administration Tricky
When a loved one passes away, the person’s family is usually left behind to sort through the estate. For those who were hoarders and extreme collectors, following through on the their estate planning instructions may be challenging with the overwhelming amount of belongings stored up. At first it can be shocking for those in Florida […]
Some Democrats Oppose White House Estate Tax Plan
The subject of taxes was a contentious topic during the recent elections. There was much argument in Florida and elsewhere regarding whether the extremely wealthy in the U.S. were paying their fair share of the tax burden. A major part of the debate was the estate tax, which is mostly paid by the wealthier Americans […]
Farmers Worried About Effects Of Changes In Estate Tax
It is undeniable that farmers make up an important segment of American society. They provide the nation with a reliable food source, allow us to avoid reliance on foreign food imports and also give us the means to import food products of American manufacture. In addition, farming is a cultural tradition, one that is passed […]
Young Can Benefit From Estate Planning
For the younger set, death is perhaps decades away. But that doesn’t mean estate planning should be too. As several legal and financial experts agree, it is important for young individuals and families to establish wills — or at the very least, appoint a guardian for minor children in the event of an unexpected passing. […]