As part of an estate plan, it may be a good idea to name a guardian to any pets an individual may have. Failing to do so could result in an animal being sent to a shelter where it may be scared and grieving at the same time. Depending on the situation, it may be a...
Month: June 2016
When to create an IRA trust
Florida residents who are preparing their estate plans may wonder whether they need to use a trust for their IRA. In most cases, assets in an IRA are passed down via a beneficiary designation after the death of the owner. The surviving spouse is usually the...
Problems that can happen when people are incapacitated
When elderly Florida residents become incapacitated, family members may be left trying to figure out how to sell the incapacitated relative's home in order to pay for needed long-term care. Without a durable power of attorney or a trust in place, doing so can be very...
Tesla owner’s account of accident contradicted by his vehicle
Florida motorists who drive sophisticated modern automobiles may want to think twice before they blame negligent actions on some sort of mechanical failure. Many current cars, trucks and SUVs either transmit information to their manufacturers or feature black box...
Sophisticated auto technology linked to surge in recalls
Florida residents may be surprised to learn that some of the vehicles currently offered for sale in American showrooms contain far more computer code than the F-35 Lightning II fighter aircraft. While sophisticated collision prevention systems and autonomous vehicle...
How to deal with older parents’ financial issues
If you lose your keys or forget where you park your car from time to time, you may chalk it up to the remnants of old age. You may not even consider that these forgetful moments may carry over to how you manage your finances in your golden years.Nevertheless, elderly...
Some auto manufacturers are still using recalled airbags
Florida motor vehicle owners may have heard about the reports of defects in airbags manufactured by Takata. Despite being linked to multiple injuries and deaths, these airbags reportedly are still being installed in new vehicles. All automobiles containing this brand...
Estate planning basics everyone needs to think about
Most Florida residents do not like to think about growing older and eventually leaving loved ones behind, but estate planning is important and necessary since no one knows what the future holds. There are a few basic things that adults can do to start preparing...
Tips for approaching elders about estate planning
Memorial Day weekend is supposed to be about celebrating those in our armed forces who have made the ultimate sacrifice, but it is largely about family getting together to remember the past while enjoying the present. In these instances, it may be awkward to talk to...