When you serve as your elderly parent's guardian in Florida, you usually have to help make important decisions. At some point, you may need to decide whether your parent is still capable of living alone.There are many signs that a senior no longer able to live...
Month: January 2019
Understanding inheritance taxes
Many Florida residents may know that after they die, their estate might be subject to an estate tax. However, they may not realize that sometimes their loved ones might need to pay an inheritance tax.According to US Tax Center, people typically pay an inheritance...
What is an inter vivos trust?
Estate planning and all related matters can be a headache to handle. You have to become versed in specific terminology, understand how these terms apply to you, and know what options suit your situation best. Today, we'll take a look at a specific type of trust known...
Life insurance can fit into an estate plan
When people in Florida think about how they can protect their loved ones in the future, they may think about creating a will or developing an estate plan. In 2019, the youngest members of the baby boomer generation will turn 55, an age when many turn their attention...