Sibling spats are bound to happen throughout the lifetime of said siblings. However, they sometimes boil out of control and quickly grow from little fights into enormous explosions. One common trigger for such explosive fights often comes in the form of a parent's...
Estate Planning
What are the 2 kinds of living trust?
The last will and testament is a cornerstone of estate planning for good reason, but there are other ways to help hone the dissemination of your assets after death. Depending on the contents of your estate and your desires, you may find that living trusts are also a...
Do you really need an estate plan?
Having a solid estate plan in place is crucial for you, your assets, and your family. However, far too many people put off estate planning until a later date, which can end in catastrophe should the unthinkable happen. The fact is that most people require an estate...
What you should know about Florida real estate values
If you own a home in Florida, real estate values could impact your estate plan. The price of residential real estate shifts depending upon many economic factors. Leveraging your home equity can provide opportunities to strengthen financial planning. The outlook for...
How can you discuss estate planning with your elderly parents?
When you visit with your parents, you may not expect to talk about planning for what happens to their assets after death. However, thinking seriously about how to best approach this conversation can help you all to find peace of mind. Set down some rules According to...
How a customized estate plan protects assets
Making wise financial moves helps you retain more of your assets. This principle holds no matter where you fall on the age spectrum. A customized and comprehensive estate plan can protect your assets from the unpredictable nature of markets and personal upheavals. The...
Can a trust protect your money?
The money you worked hard to accumulate may hurt you as you age. If you do not implement a sound asset protection plan, Medicare and others may use your net worth against you. Asset protection ensures that your property and assets do not count against you should you...
3 bad reasons to put off writing your advance directive
Medicine has made incredible advancements in recent decades. Unlike in the past, doctors now have a variety of options for treating many maladies. They even may be able to bring you back to life after you suffer a major cardiac or pulmonary event. You should have some...
3 elements to include in a simple estate plan
When you die without creating a Florida estate plan, you relinquish a good deal of control over your personal affairs. Should you suffer incapacitation before your death and do not have certain plans in place, you again relinquish control over yourself in the medical...
Consider the costs of a Florida funeral in your estate plans
Estate planning often revolves around what you have and where it is going. This includes your property and who may inherit it. It also touches on the health you have and who takes care of you should the worst happen. There are other aspects in the estate planning...