A Florida Standalone Retirement Trust Offers Many Estate Planning Benefits
Did you know that leaving tax-qualified retirement assets as an inheritance to non-spousal loved ones comes with certain risks that a Standalone Retirement Trust can help avoid? For example, regardless of how long it may have taken to build tax-deferred growth in an...
Why Is Funding Your Trust Agreement Important to Estate Planning Success?
In the process of planning your estate, you may have established a revocable trust agreement. A trust agreement offers many advantages to help you mitigate taxes and protect your assets while you are alive, as well as after you have passed on. Creating the trust,...
Why Are Charitable Remainder Trusts Gaining Popularity in Light of New Retirement Reforms?
Last year, Congress passed the Setting Every Community Up for Retirement Enhancement Act of 2019, or the SECURE Act, as a way of expanding access to tax-qualified retirement accounts like 401ks and IRAs, among other reforms. Certain tweaks were good for retirement...
Does Your Estate Plan Address Your Long-Term Care Needs?
Unfortunately, a need for long-term care is rarely anticipated by most Florida seniors and their loved ones. It is also very rarely discussed in the estate planning process. Most people who enjoy good health throughout their lives do not think too much about it. This...
If You Move to Florida, Is It Time to Re-Evaluate Your Out-of-State Estate Plan?
Are you moving? Have you prepared an estate plan to secure your future? If you have taken this step to plan forward for yourself and your loved ones then you may believe your job was finished once you signed it with your estate planning attorney. Unfortunately, when...
The SECURE Act: What You Need to Know and Why It May Be Important to Update Your Florida Estate Plan
Did you know that Congress recently passed one of the most important retirement reforms in a generation? The Setting Every Community Up for Retirement Enhancement Act, also known as the SECURE Act, was passed last year and signed into law on December 20, 2019. The...
Are you Setting your Loved Ones up for Estate Plan Failure, Litigation and High Costs?
In life it is often tempting to take the “easy” way out. When it comes to estate planning, however, we can tell you from experience that is never a good idea. By taking shortcuts, you may well be setting your loved ones up for failure, litigation, and high costs....
Here Is What Florida Seniors Need to Know About Online Scams
Valentine’s Day is a wonderful opportunity to express love and affection for someone you care about, but unfortunately it is also a time when online scammers attempt to take advantage of trusting, vulnerable people who are looking for companionship. These so-called...
Five Tips on How to Talk to Your Aging Parent About Driving Concerns in the New Year
Driving a car is something we all tend to take for granted. It represents freedom, independence, and autonomy. That feeling does not change as we age. When your aging parent’s safety is at issue, however, it becomes a dire situation. How do you talk to your aging...
Why Trust Planning May Make Sense for Blended Families
Crafting effective Florida estate planning is critical to ensuring a person’s end-of-life wishes are honored. This includes, but is not limited to, health care considerations and making sure loved ones receive their inheritance as you intend. Without a legally secure...