Most Florida residents are aware of the importance of a will. It's an useful tool in everyone's estate planning arsenal, but oft-made mistakes can cause expensive litigation and family feuds. However, some of these common pitfalls can be easily avoided. Wording that...
Month: February 2014
Pros and cons of wills and trusts for retired men and women
Residents of Florida who are retired or currently contemplating retirement may be interested to read the details of a recently published article. The article outlines the nature of both wills and trusts, while also highlights the benefits and drawbacks between the...
Intra-family loans can provide numerous benefits
When a Florida parent or other relative wants to help a younger family member financially, an intra-family loan may provide benefits not previously considered. Even though bank loans continue to carry historically low interest rates, the requirements for obtaining one...
Financial crimes against the elderly rising
Florida readers with elderly relatives may be interested to know that financial abuse of elders is on the rise. It is a crime that is under-reported with only an estimated 44 percent of cases being reported to authorities. Since 70 percent of the country's wealth is...