Military retirees in Florida may find themselves confused by the veterans' benefits system, especially the changes to the retirement system that took place on January 1, 2018. The new system is known as the Blended Retirement System because it brings together two...
Steps for successful estate planning
Florida residents who have accumulated a lot of assets will want to create an estate plan that can help sustain wealth throughout future generations. While this may be a common goal, in reality, wealth is rarely sustained past the children. However, there are steps...
Estate planning answers important end-of-life questions
Estate planning tools do provide solutions for elderly people who have some significant assets they want to leave to their heirs. However, the idea that end-of-life matters are unique to seniors is a misconception. If you are 18 years old or older, you should have...
Planning for the funeral
Florida residents have the option of putting funeral instructions into their will. However, there is a chance that the will won't be discovered until after the funeral has taken place. Therefore, those instructions might not be followed despite the fact that they are...
Avoiding common pitfalls in estate planning
Estate planning in Florida can be simple or complex depending on the nature of the estate and the needs and goals of the individuals involved. The federal lifetime estate and gift exemption, which was increased in 2018 to $11.18 million, has established a favorable...
Protecting assets and values in an estate plan
For some people in Florida, estate planning can be part of an overall effort to pass on certain values to children and grandchildren. The estate plan can be the culmination of a lifetime of teaching children to value money for what it can do rather than as an end...
