Florida parents should talk to their adult children about their estate plan. This can help their children understand the plan and can also help parents make sure they clear up any misunderstandings about the assets. In some case, this can mean significant savings for...
Tips for updating an estate plan
Since Congress passed a new tax law in December, Florida residents might want to review their estate plans. The estate tax exemption for couples has doubled to $22 million, so people who previously created estate plans with an aim of avoiding taxes may no longer need...
Ways you may lose VA benefits
Adjusting back to civilian life is difficult enough under normal circumstances. Adding disability to the equation can make it even more challenging. Fortunately, you can receive financial benefits as a disabled veteran, whether old or young, to make things...
Executive order aims to minimize suicide among veterans
By order of President Donald Trump, three government agencies must come up with a plan to improve conditions for military veterans who are facing difficulties adjusting to civilian life. On the second Tuesday of the year, the President ordered Homeland Security, the...
Reasons to include art in an estate plan
Florida residents who collect art generally do so because they enjoy it. They may also do so because they hope or expect that their collection will increase in value over time. In most cases, they plan on buying a piece and holding it until their death. However, art...
Mistakes to avoid with trusts in estate planning
You might be in the midst of reviewing your estate plans when you arrive at the conclusion that you need to add a few trusts. Trusts are very useful planning tools that can help you to protect your estate and loved ones’ inheritances. But they are not ideal for...
Decluttering finances and estate planning
When planning for retirement in Florida, many people decide it is time to create an estate plan. Estate plans do not have to be messy and complicated. Just as taking the clutter out of a room can make it easier to access and enjoy, decluttering one's finances can make...
