A person tasked with resolving a loved one's finances after his or her death may suddenly find themselves with much to take care of. An organized estate plan can aid that person with estate administration, making it less costly and time consuming. In Florida,...
Month: May 2018
Your will: Yes, you should update it
It took you a little while to come to terms with the idea of having a will. Now that you have one, you know it needs to be updated every once in a while. How often is often enough, though? Is there any standard for when you need to update your will (or at least review...
Estate planning for taxes and generational wealth
A well-laid plan can ensure security for generations to come. Even in Melbourne, Florida, individuals look to financial advisers and estate planning lawyers for guidance on estate taxes and planning. Recent changes to the tax code have affected the amount of...
Avoid probate with careful estate planning
The point of estate planning is to help an individual ensure that one's final wishes are honored after his or her death. By creating a will, many individuals in Florida intend to leave a set of instructions for how they want their assets to be distributed in the event...
Solo agers may approach long-term care planning a bit differently
A solo ager is a person who does not have children. Typically, a person will rely on one's children for assistance with managing personal affairs as he or she ages. In the event that a person in Florida does not have a child who can help, that individual may wish to...
Estate planning can aid in achieving family goals
Individuals who wish to pass assets to their heirs after death may wish to take the proper steps to ensure that their wishes are honored. Estate planning can help ensure that individuals can pass along wealth and assets in exactly they way they intend. Florida...