Protecting
Your Legacy
Purchasing a new Florida home is a great way to build wealth, but if you are not careful during the home-buying process, you may wind up with a money pit. Along the way, you may need to make offers on a contingent basis, meaning you plan to purchase a home if, and...
Having a comprehensive estate plan is paramount for ensuring that your assets get passed on to your beneficiaries in a timely manner after your death. Many people are familiar with the role a will can play in this process, but living trusts can help you disseminate...
The hope os many in Florida engaged in the estate planning process is that their plans will help limit the liabilities levied against their estates once they are gone. Yet many might assume that no matter one's plans, their estate will still be subject to tax. Yet...
One of the most important parts of creating your estate if you have children is naming a guardian for them. The Florida Courts state that a guardian is someone who can make personal and/or financial decisions for a minor, and the court appoints this person. Although...
You may have a family member who depends on you for support, perhaps an incapacitated parent or a disabled child. If so, you may have given some thought to providing for this individual after you die. A special needs trust is an effective way to secure your loved...
Florida state laws oversee all matters related to estate planning. The careful oversight ensures that no abuse of the system occurs. This allows you to follow a plan in peace knowing your loved one's wishes get fulfilled. However, every system has its flaws and there...
Landlords and business owners may consider swapping properties during their careers, but have to contend with capital gains taxes in case their property sale nets them profit. Having that profit can help in securing a new property, though, which is where a 1031...
You may believe that your elderly loved one is not receiving the treatment that he or she deserves and requires in a long-term care facility. If so, he or she may be the victim of elder neglect. According to the National Adult Protective Services Association, neglect...
Many people may realize they need an estate plan but not know where to start. There are a few things people should keep in mind as they create their estate plan. According to Nerd Wallet, one of the first steps of estate planning is listing all the assets. People...
When planning your estate, you may wish to help your executor and heirs avoid the probate process. Probate, the legal term for court supervision of estate asset distribution, can sometimes be expensive and time-consuming. Explore the probate process in Florida and...