Protecting
Your Legacy
When a family member dies, the administrative process of settling the deceased's estate is called probate. If a person has a detailed will, the process is usually not complicated - any creditors and tax responsibilities the deceased had are paid and any items that the...
Estate planning uses legal instruments such as wills and trusts to distribute assets among a testator's heirs. Spiritual estate planning uses a testator's financial values to determine the assets that each decedent receives from a will or trust. Charity Navigator, a...
Preparing an estate plan can be complicated when a family or closely held business is involved. Any disruption in passing along control of business assets and decisions to heirs could have a significant effect on the business itself. Business succession planning is...
Estate planning is important regardless of whether your assets total $10,000 or $100 million. Either way, it's critical to have good legal advice and to understand the laws that can affect your assets. While having $100 million in assets is rare, that's the figure at...
Estate planning is vital, especially for older persons. Wills, living trusts, insurance trusts and other trust forms can help ensure that a person's assets are divided in the fashion that the person wishes, instead of by probate courts and other outside agents, such...
There are many issues to consider when deciding distribution of your property and assets to your heirs. It is important to consider all of your financial accounts as you begin to work on estate planning, including any retirement accounts you may hold. Individual...
People are often advised to put their affairs in order to prepare for contingencies. Estate planning can ensure that a person's wishes are honored and help minimize future tax implications. When transferring assets according to an estate plan, however, it is important...
Many Floridians struggle every year with the often-difficult process of planning their estates to ensure that their families and loved ones are covered for the future. Estate planning is a major event in the lives of many people. And a well-crafted plan will cover a...
Parents in Orlando want to make sure their children are safe, secure and well taken care of. One of the ways in which parents can protect their children is by creating a clear and intentional last will and testament that outlines their wishes for after they are gone....
There are conversations that are difficult to have with certain family members. Parents try to protect their children by waiting to explain certain factors of life until they are older. Spouses may find it challenging to talk about finances with each other. Though...