People who have spent most of their lives in the colder North may want to retire in Florida. The warmer climate can be beneficial for people with an assortment of different medical challenges. Additionally, many communities have infrastructure that is useful for older...
If you’re a parent, your top priority is helping to ensure the happiness and well-being of your children. This extends far beyond the here and now and into the future they’ll inherit. An often-overlooked component of this responsibility is creating a watertight estate...
For many people, the life event that spurs them to start making an estate plan is retirement. Once they are done working, they know that it’s time to begin thinking about what to do with the assets that they have accumulated. They then make an estate plan to pass...
As you create your estate plan, if your child is a minor, you may be interested in picking a guardian. In fact, maybe that’s the whole reason you wanted to create that estate plan to begin with. You just became a new parent and you need to know who is going to take...
There are two common reasons that people add annual gifts or strategic gifting to their estate plans. The first is that they want to watch their loved ones enjoy their inheritance. Receiving money a bit at a time might mean that family members can go on a vacation or...
As you start to get older and your life changes, you need to understand the value of having a personalized estate plan. While there are basic DIY estate planning methods online and simple forms that you could fill out on your own, the reality is that those may not...
Many people create an estate plan when they buy a house or have a child. Some people never revisit their estate plan because their plans for their legacy never change. However, if you are a transplant to the Sunshine State who wants a warm retirement, you may need to...
Now that you’re getting older, you’ve started looking at all you’ve amassed in your lifetime and realized that you’ve done well for yourself. Now in your 50s, your children are moving out and starting lives of their own. You have more freedom, money and assets. One...
One of the issues with estate planning in Florida involves a lack of information as to why people need to create one even if they don't have a vast family fortune. It can be easy to say that since you don't have a lot, your family will know what to do with your assets...
be married with children and they may have a house, retirement accounts and other valuable assets. This makes middle age the perfect time for a person in the North Port area to consider estate planning. The following are some reasons why estate planning is so...
