Protecting
Your Legacy
People who have retired to Florida often have to make significant estate planning decisions. Those who have capital tied up in assets such as a home, IRA or business investments may feel overwhelmed when attempting to divide the estate equally among their heirs. These...
Many Florida individuals realize the benefits of using a Roth IRA over a traditional IRA. One such benefit of this financial tool is that the tax is paid upfront, so there is no tax consequence to receiving a distribution. However, some individuals may not realize...
Florida residents who own special collections may be interested in including them in their estate plans. Leaving a collection to one or more heirs may be included in a last will and testament. However, there may be benefits in giving away beloved items while an...
Florida individuals who have put off creating an estate plan because they think that this is only a matter for older individuals to tend to may be mistaken in this belief. In fact, estate planning can address more than just what happens upon a person's death. Certain...
Many adults with elderly parents take an active role in their parent's health care. In order to comply with Florida laws and federal privacy regulations, caregivers need to complete two estate planning documents. Properly drafted health care powers of attorney and...
Many Florida residents who have accumulated wealth hope to pass their fortunes down to their children and grandchildren. They are often concerned, though, that the money will be used wisely. One way for a person to ensure that their money they worked so hard for is...
Florida residents who are thinking about how to structure an estate plan may be interested in an article detailing some of the issues that come along with the modern focus on digital assets. The article also discusses some steps to take to secure these assets for a...
Recent tax increases have effected a vehicle that many Florida residents use as part of a comprehensive estate plan. The marginal 39.6 percent rate included in the 2012 tax legislation that is imposed on an individual's income in excess of $400,000 is applied to...
In addition to preparing a will to leave instructions for how assets are to be handled after death, Florida residents who are planning their estates should not neglect their digital assets. From online bank accounts to social media profiles, most people handle many of...
Estate planning is an important step in everyone's lives as they accrue wealth and get older. Florida residents may be interested in an article that gives tips on making the estate planning process as painless as possible. There are a few major pointers that can take...