Estate Planning

Florida residents are doubtlessly familiar with the old adage that nothing is certain in the world except for death and taxes. While death may be certain, what happens to a person's assets after he or she passes on depends on whether or not he or she made an estate...

Most Florida adults should create an estate plan, but they might be overwhelmed by the idea and not know where to start. However, an individual can take a methodical approach to the process. It may be best to work with a professional because if an estate plan is not...

Georgia residents may be surprised to learn that more than half of Americans admitted to not having a will, according to a 2016 Gallup survey. While state laws typically designate people's belongings to their spouses or children in the event they die without a will,...

Florida parents may be able to gift parts of their estate to their children while they are still alive, but they should try to do so in a way that avoids paying additional taxes or creates other complications. For example, it is better to give assets that have not...

Florida residents who are creating an estate plan should consider how they would like their assets to be distributed if one or more of their beneficiaries dies at the same time or shortly after they do. Failing to plan for this could result in assets being tied up in...

Florida residents probably have many accounts and records stored electronically. While this may make access simple, having a central location to ensure access to passwords, PINs and access keys is important to avoid problems in settling their estates after they die.It...

Although the incoming presidential administration could lead to changes in estate tax and other factors that affect estate planning, people in Florida should not respond by postponing the creation of an estate plan. Instead, they can make a plan that is based on...

Some Florida parents may feel that, when they die, their assets should be distributed equally regardless of their children's circumstances. Others think that they should set up their estate plan so that the child who has the greatest need gets the bulk of the estate....

There are many estate planning tools individuals can use to make sure that their assets are handled properly after their death. Florida residents who want to bequeath more than just their assets to a loved one may be interested in learning about an ethical will. An...

People in blended families in Florida should make sure that their estate plan is up to date. For example, an individual should periodically check beneficiary designations listed on retirement accounts, life insurance and any other assets that use them. Beneficiary...