Every year, tax brackets and exemption amounts are adjusted to reflect cost-of-living increases. For individuals creating or updating their estate plan, recognizing and understanding the impact of such changes is vital for beneficiaries.
Category Archives: Estate Planning
Five IRA Beneficiary Mistakes
An individual retirement account or IRA is an important part of your estate plan. With careful planning, an IRA can ensure you have enough saved up for the future.
The Difference Between Revocable and Irrevocable Trusts
If you are discussing your estate plan with an attorney, you may already be familiar with the benefits of using a living trust to protect assets. However, do you know the difference between a revocable and irrevocable trust?
How Debt is Settled after Death in Florida
you can simplify the process and protect your legacy by retaining the services of an experienced estate planning attorney.
Disinheriting a Spouse or Adult Child in Florida
If you are estranged from your spouse or adult child, you may be thinking about disinheriting them from your will. While it is legally acceptable to disinherit your family members, doing so can be difficult and you should retain the services of a skilled Florida inheritance lawyer beforehand. In order to properly disinherit your spouse or adult child from your assets after you die, you will need a comprehensive, clear, and well-thought out estate plan.
Considerations for Choosing the Executor of Your Will
When naming an executor for your will, it is vital that you choose someone you trust unconditionally. Learn how to select the executor of your will.
Donating Retirement Assets to a Charity in Florida
If you are having a difficult time deciding who to leave assets to, did you know you can make a charitable donation from your retirement assets?
How to Create Proper Documentation for a Pet Trust in Florida
Making sure your pet’s future is secure starts with consulting a passionate animal law attorney. Be sure to assemble this information to protect your pet.
An Overview of Estate Planning for Someone with Special Needs in Florida
If you have a family member with special needs, you will need to rely on some unique estate planning mechanisms to ensure they are well taken care of should something happen to you.
Estate Planning for Your Florida Pet: 5 Tips for Planning Their Future
Creating a thorough and detailed estate plan, you can help ensure your family members — both human and nonhuman — are taken care of long after you are gone.