Business owners in Florida may be leaving themselves and their families at risk due to a lack of basic estate planning. A survey by Bloomwell showed that a sizable number of entrepreneurs had not prepared one or more of the critical documents needed for an orderly...
Month: July 2017
IIHS report blames improving economy for crash fatality increase
Florida roads have become more dangerous even with technological safety features in new vehicles, according to a study. The Insurance Institute for Highway Safety looked at the accident records of the various cars, pickup trucks and SUVs sold in the United States, and...
Crash data shows that lower speed limits save lives
The state of Florida has set speed limits at 70 mph on interstates, 65 mph on rural divided highways with four lanes and 60 mph on other state highways. While frantic commuters and long-distance truck drivers may approve of these measures, most road safety groups...
Duties of the trustee for an ILIT
Taxes can eat up a chunk of an estate before any distribution of assets to beneficiaries. Florida residents looking to ensure their beneficiaries receive all or most of the assets left to them will want to consider the many trust vehicles. These have typically been...
IIHS testing reveals safety flaw in Tesla Model S
Florida residents have likely heard about the impressive safety features fitted to Tesla's range-topping Model S. The luxury sedan has been called the safest car to ever go on sale in the United States, but it failed to impress testers from the Insurance Institute for...
Why unmarried partners might need estate plans
There are a number of reasons that unmarried couples living together in Florida might want to create an estate plan. Without the proper documents in place, if one person is injured or ill and becomes incapacitated, the other partner is not legally entitled to make...