Many residents of Florida who have aging parents know how difficult it can be to bring up the possibility that they may need assistance managing their finances in their later years. It is important to find ways to bring up the subject that will make older parents feel...
Month: August 2013
Estate planning tops list of financial advising needs
Florida has long been a retirement haven full of elderly individuals, a group often in need of financial advising. A study showed that estate planning, including living wills and power of attorney, was one of the most important topics on which seniors and their...
Prenuptial agreement, living will important in estate planning
Fewer estates of any size are hit hard for taxes these days. Contrary to what some Florida residents may think, however, that doesn't mean that estate planning is no longer necessary; in fact, the opposite is true. Without skillful and careful planning for health care...
Why you shouldn’t add your child’s name to your bank account
Florida parents may add their children's names onto their bank accounts so that they might write checks on their behalf and so on. Parents might see the adding of their children's names onto their bank accounts as harmless moves, but they can come with numerous...