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One of the benefits of setting up an IRA or 401(k) is the way you can designate whom shall receive its contents after you die. By filling out the beneficiary designation on various types of accounts, such as IRAs, 401(k) plans and annuities, you will state exactly...
Creating an estate plan can be a tough decision for a variety of reasons, and people often struggle with unique issues depending on their circumstances. For example, some may need to include children in their estate plan, while others may have no kids but a...
For someone who owns a business, there are times when daily life can be especially stressful. Aside from seasonal changes that are to be expected and other problems that can be foreseen, business owners also have to deal with unexpected challenges from time to time....
If you have children and grandchildren and are drafting an estate plan, you may have run into some sticky situations. A particular problem many people face is that they have one or more beneficiaries who have proven to be financially irresponsible in the past.It's...
If you’re buying a home for the first time, you may be overwhelmed by the process. While there is an abundance of quality real estate in Florida, you want to make sure that you take the proper steps for what is bound to be the most valuable investment in your...
In a post that was recently posted on our blog, we went over some of the consequences of business lawsuits. These potential challenges should not be ignored if you are facing litigation, and there may be other unique considerations that apply to a lawsuit you are...
One of the dangers of growing older relates to the fact that -- even if you're financially independent -- you could become physically dependent on others for your care and daily life needs. This will leave you vulnerable to elder financial abuse.Hopefully, as an...
When dealing with real estate in Florida, one concept you likely will run into is zoning. According to Property Metrics, zoning is the act of assigning areas of land o permitted uses. For example, authorities may assign a piece of land or an area of a specific...
If you have assets and property in your name, you should have an estate plan in place in the event of your death. Additionally, your estate plan should be free of common mistakes and oversights, which can impact whether your final wishes are carried out. To help you...
People create and change last wills for a variety of reasons. Generally speaking, early estate planning is a wise decision for anyone with children or substantial assets. Even those who only have moderate overall assets should consider planning their estate if they...