The American insurance industry generates $220 billion in revenue every year. There are approximately 277,000 people working in positions supported by it in Florida and across the nation. Although car crashes are deeply traumatic and sometimes even fatal, the industry...
When Florida residents are appointed the executor under a will, this does not mean that they can do anything they want with the testator's assets. In fact, they a number of duties that they are required by law to perform. In one situation, a person's sister was named...
According to a survey from Merrill Lynch, 70 percent of baby boomers believe that receiving money under a will or trust is an expression of love. From an estate planning perspective, this can be problematic as millennials don't necessarily look at it the same way...
Florida residents who are considering who to name as beneficiaries under their life insurance policies or retirement accounts should keep some important considerations in mind. Beneficiary designations can be made to anyone who is not a minor, and they override what...
Celebrities are just as likely to make the same estate planning mistakes as people who are less famous. In April, reports surfaced in Florida media that Prince did not have a will when he died suddenly. This was also true in the death of singer Amy Winehouse. As a...
People in Florida who need to make an estate plan might be considering a do-it-yourself will. However, there are some drawbacks to making a will without legal assistance. No two estates are the same, and generic advice may not be appropriate for a person's situation....
On April 13, the U.S. government announced that if Takata cannot prove that the 85 million air bag inflators it manufactured that remain in vehicles are safe, they will all need to be recalled. More than 28 million have already been recalled. Some areas, including...
In some Florida families, an aging parent will have a strained relationship with one child and a close relationship with another child. The parent may want to leave a larger percentage of his or her estate to the child with whom he or she is closer and a lesser amount...
April has been designated Distracted Driving Awareness Month by the National Safety Council in an effort to highlight how dangerous inattentiveness may be. These days, it is possible to make calls, update social media accounts and send emails while driving to work or...
Parents who want to leave property behind to care for their children after they die could benefit from setting explicit terms for how their estates ought to be distributed. Although some parents want to keep these affairs in the family, siblings in Florida and other...
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