Even though gas prices may be hitting new lows, many people across Florida are still opting to leave their cars in their garage. Indeed, the preferred mode of transportation for many is now traveling on foot, as it not only helps save money on things like fuel and...
In a recent post, we began discussing how even though being named the personal representative -- or executor -- of a family member or friend's estate may initially seem like a great honor, the novelty can rapidly wear off as the weeks, months and even years...
If you were to scan the recent headlines concerning recalls for auto defects, you would soon learn that as recently as this week, several hundred thousand vehicles were recalled for everything from faulty fuel filler pipes to malfunctioning engines.If it seems as if...
According to the 2014 U.S. Trust Insights in Wealth and Worth survey, there are certain traits that people attach great significance to when considering who they should appoint to serve as the executor -- i.e., personal representative -- of their estate.Indeed, the...
As the saying goes, nothing is really certain in this world expect death and taxes. Interestingly enough, these two inevitabilities actually converge for personal representatives, meaning those appointed by either a will or a probate court to administer the estate of...
While we would like to think that most people understand and appreciate the dangers of getting behind the wheel after having too much to drink, statistics show that people still aren't getting the message. Indeed, as recently as 2014, nearly 10,000 lost their lives in...
Most people associate Leona Helmsley with her time spent in prison for tax evasion, her now infamous moniker "the queen of mean," and, of course, the prolonged legal battle over her controversial estate plan, which began shortly after her passing in 2007. To recap,...
In today's post, we'll conclude our discussion of charitable remainder trusts, which are irrevocable trusts that not only facilitate philanthropic gestures, but also provide a steady income stream and considerable tax savings.Indeed, as we discussed last time, the...
Thanks to the hectic pace of everyday life -- work, school, errands, etc. -- the last thing most people want to do is sort through a stack of mail that likely contains all sorts of unwelcome correspondence from bills to advertisements.As such, it's not uncommon for...
In our previous post, we began discussing how those people who find themselves in the enviable position of being able to give a considerable sum to their favorite charity may want to think twice about simply grabbing their checkbook and instead consider the advantages...
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