In 2013, certain laws about end-of-life assets were permanently altered. The threshold for estate tax was increased, meaning that most individuals will not be responsible for paying such taxes. Other high-asset individuals, including many Florida residents, have...
Some people may think that they can secure their estate simply by letting their wishes be known to their friends and family. Unfortunately, this informal method does not supersede governmental laws and policies regarding wills and guardianship. One recent news...
Recent changes in legislation now allow disabled individuals more freedom to spend and save money without jeopardizing their Medicaid. A person in Florida can now choose to settle his or her own first party special needs trust without the aid of a...
End-of-life planning can be made so much simpler by keeping a few simple steps in mind. One does not have to be intimidated by estate planning, or feel that estate planning is simply for the very rich. The concepts of estate planning can be broken down into...
The legacy one leaves behind can be managed in a variety of ways. Some opt for the traditional will, and others decide that a trust is the right choice for their needs. A revocable trust is a type of trust that allows the grantor to alter or revoke the trust should...
When it comes to planning estate needs, most Americans either deny or delay making these important decisions. By spending a few hours preparing now, individuals can save themselves worry and discomfort in the future. There are a few simple tips that can help with...
Everyone likes to have a few tips and tricks to consider when they approach a new, serious project. Estate planning is no different. In Florida, many people use a lawyer to help them navigate the world of estate planning, but it is possible to glean some information...
Many people think that they can write out a will and get an estate plan together, then forget about it. This isn't anywhere near the truth. Instead, you need to review your estate plan at least annually. On top of the annual review, there are other instances that will...
Making plans for one's estate is a complicated process that some people in Florida and elsewhere choose to avoid. However, considering how such plans can allow a person control over important matters once he or she is incapacitated and unable to communicate, it might...
A technological advance is put on hold for the moment in the Sunshine State. Florida governor Rick Scott has vetoed the Electronic Wills Act. Citing vulnerabilities in the legislation, he encouraged the legislature to work on a more suitable bill. For now, estate and...
