The number of people in Florida who own digital assets is increasing rapidly, and so is the impact of such assets on estate planning. For people who own cryptocurrency or online contact lists, the question of whether and how to include these things in an estate plan...
Crystal River Florida Legal Blog
Car crash risk goes up for teens once they are licensed
The National Institutes for Health reports that car crashes are the leading cause of death among 14- to 19-year-olds. Another study by the NIH, which was conducted with Virginia Tech University, should be of interest to teen drivers in Florida because it has found out...
How to account for the cost of Alzheimer’s
There are currently 5.7 million Americans who have Alzheimer's disease, and lifetime care costs for someone who has it are well over $300,000 on average. As an increasing portion of the population turns 65 or older, the number of people who experience this condition...
August 2 is the deadliest day for U.S. drivers
Florida drivers may be shocked to learn that the deadliest day for car crashes in the United States is August 2. According to a study by the Insurance Institute for Highway Safety, 505 people died on U.S. roadways on that date between 2012 and 2016.Many people expect...
Estate planning for single and independent seniors
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...
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...
