It's easy to overlook certain assets when preparing an estate plan. One item Florida readers may forget due to the recent development of such items are online assets. Online accounts and other files may become inaccessible making it extremely difficult for one's heirs...
Month: May 2014
Inheritance tax considerations should not be ignored
Many individuals overlook the possible consequences that can come along with an estate or inheritance tax because they too often assume such a tax will not apply in their circumstances. However, with real estate prices becoming higher there is always the possibility...
Creating a will? Don’t try this on your own!
Estate planning is not something one should wish to try without assistance. When preparing estate planning documents, it's vital to make certain that the language actually carries out the intent of the person that owns the assets. There is simply too much for one...
The 5 Biggest Estate Planning Blunders
Austin Frye featured onLeaving your IRA to your estateDo not-repeat, do not-name your estate as your individual retirement account beneficiary or it will be subject to claims and creditors during probate, the legal process for settling your estate.When you die, your...
Appointing someone to take care of a child’s educational needs
One young Florida teenager had found himself three years ago missing classes and barely receiving passing grades in school. This all changed when the parents of one of his friends became what were called his educational guardians. These two individuals were soon...
