Parents of special needs children might want to consider setting up a special needs trust. Such a trust will allow parents to leave money and assets behind for the benefit of their child, without their child actually owning the assets personally. This allows the child...
Blended families are increasingly common. Couples divorce and either the husband or wife (or both) will remarry, making their children part of new, blended families. The shifts in families can prompt questions about the rights stepchildren have to inheritance under...
It’s a situation undoubtedly familiar to many in Brevard County: they have a will but wonder if they should take the next step and sit down with an estate planning attorney. While the will takes care of the basics, it leaves unaddressed some more complex issues that...
Anyone who's been through the probate process for the estate of a deceased loved one knows how nerve-wracking and costly it can be. This is why most estate planners will want to do everything they can to save their heirs, beneficiaries and family members the burden of...
Emotions run high when a loved one dies. And when that loved one passes on wealth, those emotions in play can sometimes lead to errors in deciding what to do with the inheritance, says an investment advisor.Writing for CNBC, advisor Joe Allaria, a partner at...
Your daughter just paid cash for the biggest, most luxurious house in Cocoa. She is a surgeon, stand-up comedian with a series on HBO and an astronaut. Your son, on the other hand, just got fired from his job as a greeter at a big-box retailer and says he wants to...
Most of us love our pets as much as we do our human children, and for this reason, it makes sense to include a plan for our pets in our estate documents. This plan doesn't have to be overly complicated and it doesn't have to be expensive to implement.Although many...
There are several important documents everyone should have in their Florida estate plan. Perhaps the most important is a basic will, but other planning tools are also useful, including a living will and power of attorney. We recently read an article by an attorney...
Virtually no one mourned Charles Manson when he died late last year at age 83. The cult leader who was convicted of murder back in 1971 and spent the rest of life in prison.Though he clearly earned very little in his life, Manson left behind a potentially lucrative...
When your aging loved ones pass away, there are many things to occupy your mind. There's the grief of losing someone you care for, as well as all the practical aspects of handling an estate. Sometimes, there's also the shock of realizing that a parent, grandparent or...