Protecting
Your Legacy
When it comes to probate proceedings in the state of Florida, the personal representative has a right to fair compensation. This is a payment for the time and effort required to manage the deceased's estate. Determining this compensation can happen in a few ways,...
In 2022, the Federal Bureau of Investigation Internet Crime Complaint Center received 88,262 fraud reports from people 60 and older. This number is higher than it is for other demographics because the elderly are especially vulnerable to scams. Caretakers can take...
Real estate transactions can be costly, so you might hesitate to look for a new property unless you are sure you can obtain it without depleting your financial resources. Fortunately, the U.S. tax code can make things easier through a like-kind exchange. Through...
Many people, especially those in second or third marriages, may have a mix of adult children and children younger than 18 years old. Estate planning is an important aspect of managing one's assets and ensuring a smooth transfer of wealth to the next generation. When...
In the fast-evolving world of cryptocurrency, it is important to consider the fate of your digital assets when you pass away. Unlike traditional holdings, cryptocurrencies lack a central authority to manage inheritance. Understanding what happens to your...
Many people harbor misunderstandings about estate planning. It is no wonder why, as few spend their days familiarizing themselves with the topic's minutiae. Enlightenment begins with dispelling some frequent misconceptions. A fuller understanding of the topic will...
The executor of your estate shoulders a significant burden in ensuring the transition of your assets and the settlement of your financial affairs. That makes your choice of executor an important one. As you weigh your options, it might help you to understand the...
Probate is something many people see as a complicated but important step in the aftermath of a loved one's passing. However, the duration of probate proceedings can vary widely. Several factors can contribute to a lengthier process. Learning more about what may extend...
Naming a guardian for your children in your will is one of the most important decisions you will make as a parent. Though it can be difficult to think about what would happen if you die, putting your wishes in your will lets you decide where your children will live...
As your loved ones age, ensuring their well-being becomes a pressing concern. There comes a time when the needs of an older parent may surpass what they get at home. You could then need to identify the signs that indicate a nursing home is likely the best option for...
