A certified financial planner recently wrote about the mistake she sees people making over and over. She that certain estate planning errors keep popping up, preventing people from effectively protecting their loved ones.She wrote that several major mistakes resurface...
As you get older and begin to put together an estate plan, one thing you should do is look into an asset protection trust. An asset protection trust helps protect your assets against creditors who make claims against your estate.These trusts are generally irrevocable,...
A lot of different things have to be done when a loved one passes away. One of these tasks has to do with handling their estate. The majority of these situations will go forward without any issues; however, things might get rather complex if someone has reason to...
When you glance at a family as a neighbor or a co-worker might, you will often see an outward appearance that everything is fine with them. Their lives appear to be going according to plan. But if you look a bit below the surface, you sometimes spot issues and...
Many of our regular Brevard County blog readers will recall that we recently wrote a post about dispelling estate planning myths. In this post, we’re going to take a look at some questions to ask and answer to ensure that your estate plan will give you and your loved...
Despite the avalanche of information available to us all online, we can regardless find myths in many aspects of modern life. One example of an area where myths persist is in estate planning.A recent news article on the subject tackled several of the false (though...
The loss of a loved one is an emotionally difficult time. It can be made much more complex for those who have been named estate administrator. For them, the job of locating and distributing assets and making their way through complicated legal processes can be...
If you have avoided retirement planning because you don't want your assets to be taxed, you should know that there is a way to protect your assets and resources legally from the clutches of the government. These tips could also help you assist your elderly parents or...
There are many reasons people move to Florida, including abundant sunshine, beaches and our lack of a state income tax. There are often news articles about high-net-worth people moving from states with relatively high state income taxes (New York, California, New...
The executor of an estate has many duties to complete during the probate process. One is making sure that the estate's bills are paid properly. To do this, you have to know what assets are handled in the probate case and which bypass probate. You also need to...