The recent deaths of prominent and even legendary musicians has emphasized the importance of estate planning to many in Florida. Aretha Franklin died in August without a will, despite having an estate worth approximately $80 million and a valuable music catalog with...
Month: September 2018
Leaving a portion of an estate for charity
A Florida resident who is creating an estate plan might want to leave a portion of their assets to charity. However, it's important that they do so in a way that lowers the overall tax burden.As an example, a person might have three major assets that are worth $1...
What drivers should know about hydroplaning
Hydroplaning is an ever-present threat when it rains in Florida. When there is too much water on the road for vehicles' tires to handle, the tires will push that water underneath them. The thin layer of water that develops between the tires and road will cause the...
The importance of estate planning at any age
According to a new survey from Caring.com, nearly 80 percent of millennials do not have a will. It's also common for younger or childless and unmarried individuals in Florida to procrastinate or not see the importance of making estate plans. Part of the reason for...
Volvo releases distracted driving study
Florida residents who assume that it is only the younger generation who drives distracted may be interested in the results of a study conducted by Volvo and the Harris Poll. Thousands of participants were asked about the distracting activities they engage in behind...
Estate planning for small business owners
It is important for small business owners in Florida to have an estate plan so that their intentions for their businesses are clear. If there is no estate plan, the business along with the rest of the estate could be caught up in legal proceedings for a year or...