Protecting
Your Legacy
Paying for a funeral can require some financial acrobatics. When you include the service, embalming, burial plot and other funeral-related expenses, your family might be on the hook for substantially more. According to the Federal Trade Commission, a casket alone can...
Establishing a trust helps reduce the risk of probate issues with your estate and your asset distribution after your death. Assets placed in a trust are not subject to probate because they belong to the trust, not your estate. The key to a successful trust...
When you created your estate plan, you likely included a last will and testament in these plans. This document provided an opportunity for you to name an executor for your estate and to list a guardian for any minor children you have. According to the American Bar...
Securing the ideal tenants for your rental property is a critical aspect of being a successful landlord. With the right occupants, you can ensure timely rent payments, proper care of your property, and minimal hassle. This blog post delves into strategies for...
Perhaps your teenage son suffered injuries as the victim of a truck-car crash and is now disabled. He has government benefits but recently received a substantial insurance settlement. You wish to find a special needs trust that will ensure your son has lifetime...
Home inspections are something buyers typically ask for before closing on a house. They are not mandatory, but they are something your agent will probably recommend. In some cases, your lender may mandate you get a home inspection. But if the choice is yours, it is in...
As parents get older, the need for care beyond what family members can provide becomes necessary. The Department of Health and Human Services (DHS) claims that approximately 70 percent of retirees will require long-term care. Costly care Nursing homes are a common and...
A new Florida bill will restrict lawsuits against long-term care facilities if passed. Tort reform advocates say the changes are necessary to reduce excessive litigation. Opponents of the bill believe the legislation could increase unsafe conditions in long-term care...
Large estates might be subject to taxation or other forms of dilution during the disbursement process. Some assets also fluctuate in value. These two factors have led many people to consider giving part of their estate away during their lifetime. This is a complex...
You have a buyer for your home, the closing date is set and still, you feel uneasy. Here are four issues that can cause 11th-hour chaos and how you can keep the closing process on track. 1. Cloud on the title Before selling your home, you must prove that your...