Protecting
Your Legacy
Many Florida parents may be wondering if they should leave an inheritance to their children. Whether parents are wealthy or not, the decision is always a personal one that reflects their financial situations, family values and other factors. There is no right or wrong...
Florida taxpayers might be pleased to hear that new laws governing bypass trusts could end up proving beneficial to them when tax time rolls around. Bypass trusts can now serve as potential income tax savings tools in addition to their customary role in estate...
According to a senior financial planner at Wilmington Trust, when the Supreme Court ruled the Defense of Marriage Act unconstitutional, it created many benefits for same-sex couples. Because of the Supreme Court ruling, the federal government is required to recognize...
Many Florida residents may be unaware that some or all their estate is in danger of going to someone to whom they have no intention of giving any of it to. Because federal estate taxes only affect those with an estate larger than $5.25 million, many may feel that...
Florida residents are advised to focus on the elements of estate planning to make sure they protect their rights and interests. Estate planning is not just for the wealthy but is something that we all need, regardless of our age or current financial situation. An...
Florida residents may be aware that part of a successful estate plan is ensuring that adequate funds are available to provide for the rest of the grantor's life. Successfully planning a person's retirement requires assessing the situation and making changes as...
Orlando residents may be uncomfortable with the idea of planning for their death, but estate planning is essential to making someone's wishes known as well as making the process easier for someone's heirs. Estate planning is not limited to wills and dealing with an...
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...
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...
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...