More elderly people in Florida are easing into their golden years by themselves. According to recent figures published by the Census Bureau, 28 percent of all American adults are unmarried and live by themselves. Moreover, nearly 20 million of these single individuals...
Month: July 2018
Study: driver-assist systems could lead to fewer accidents
One of the selling points for electronic driver-assist systems has always been that they would eventually make the roads across Florida and the rest of the United States safer. There has been anecdotal evidence about fatal accidents caused by these self-driving cars,...
Planning and disclosure could head off squabbles over inheritance
A poll of 109 estate planning professionals gathered at the 52nd Annual Heckerling Institute on Estate Planning that took place in Florida revealed how family dynamics and disputes can affect estate plans. Although taxes often concern people who want to transfer...
Bourdain’s estate plan includes gift of airline miles
Floridians who are fans of the late Anthony Bourdain might be interested to know how his estate plan was designed to reflect the most important things in his life. The world traveler and television personality was thorough in creating a plan that passes the bulk of...
The benefits of a spendthrift trust
Florida residents often include trusts in their estate plans to avoid the probate process, have more control over how their assets are distributed, reduce estate taxes and protect against creditors. Spendthrift trusts can be particularly useful when heirs have unpaid...
Summer months bring bicycle accidents, more personal injury
Sunshine encourages tourists and native Floridians to enjoy the weather. However, more people enjoying outside activities like biking creates an environment of confusion and safety hazards for riders and drivers.Serious injury to bicyclists occur daily. Careless...
How special needs trusts may help loved ones
A special needs trust may be useful for people in Florida who want to help a relative who has special needs or for someone who has special needs to protect certain assets. Special needs trust are a way for people who receive benefits to keep those benefits.For...
Selecting the right trustee for a family trust fund
Trusts have an important role to play in the future financial and estate planning of many people in Florida. A trust fund is one way to set aside and protect a specific group of assets that a person wants to use to support another person. Trust funds can be set up...