As a Florida resident who is figuring out how you want your estate distributed, you may also be looking into the possibility of setting up trusts. Today, the , will discuss the option of setting up a charitable trust.If you have ever hoped...
Trusts
Passing a timeshare to your heirs
Timeshares are often an excellent way to maintain vacation homes for a fraction of the price of purchasing or leasing a condo. However, many people in Florida have discovered that these properties are sometimes difficult to sell when no longer necessary.One of the...
Putting wills, trusts together
When making estate planning decisions, many people might wonder whether a will or trust is better. However, these are different tools for estate planning and are often needed together to ensure one's wishes are met after passing away. Florida residents might like to...
Estate planning when a child is disabled
Parents of special needs children may wonder how their sons or daughters will be cared for after they pass. Fortunately, there are steps that Florida residents and others can take to make sure that family members with disabilities are accounted for in an estate plan....
Proposed new law will alter estate planning in Florida
Under existing laws, the owner of an IRA can make a child the beneficiary of the account instead of a spouse. Because the younger beneficiary will have a longer life expectancy than the spouse, the required minimum distribution will be less and the IRA can continue to...
How estate planning matters for pets as well
Many people in Florida have pets that are treated like members of the family. Some of these residents love their furry friends so much that they may want to account for them in an estate plan. This can prevent a pet from being sent to a shelter or left alone at home...
What are the benefits of avoiding probate?
Florida residents like you may be contemplating how you want to handle your end-of-life matters. You may wish to avoid the complications of probate, and you have options that can allow you to do that. We at the , are here to help.Probate...
Family considerations in estate planning
Some people in Florida who are creating an estate plan might think it is just about figuring out where they want their money and other assets to go, but estate planning can be much more complex than that. One of the most complicated aspects of estate planning is not...
Trusts can be named the beneficiary of an IRA
Individual retirement accounts are among the most popular ways that people in Florida save for their senior years. IRAs allow for the designation of a beneficiary who will get the funds in the event that the account creator dies before the funds are exhausted. While...
How can a living trust benefit you?
As a resident of Florida, you have multiple options available for how you can have your assets handled after your passing. Naturally, you wish to ensure that your loved ones have as little trouble as possible when dealing with matters of said assets. We at the...
