Complicated modern families cause the most estate planning problems in Florida and elsewhere, according to a poll by TD Wealth. The survey, which involved 109 accountants, attorneys and trust officers, was conducted at the 52nd Annual Heckerling Institute on Estate...
Choosing who controls assets in an estate plan
Some people in Florida who are creating estate plans might assume that because they want their spouses and children to benefit from the wealth they have built up that they must leave them in charge of that wealth as well. They may believe this even if there are family...
3 tips on Veteran’s Aid and Attendance pension
The U.S. Veterans Administration has a program called Veterans Aid and Attendance, or A&A, that provides a pension benefit for qualified military veterans who are housebound or require another person's assistance for their care. Access to this benefit can be...
Young people can also benefit from estate planning
Many people in Florida think of estate planning as a task for senior citizens or people with a very high net worth. However, even young, healthy people with modest means can benefit from creating an estate plan. By formulating certain key documents, people can make...
Estate planning can give loved ones peace of mind
Many people in Florida may put off thinking about estate planning, but preparing these key documents can be critical in helping to provide peace of mind to a person's loved ones in the future. People can act to ensure that their wishes are carried out after they pass...
High interest rates influence trust planning strategies
Interest rates are expected to increase for the near future in Florida and throughout the U.S. After a decade of consistently low interest rates, the market conditions now signal a change for financial advisors. Advisors must recognize the new era that they are in and...