Creating a will and other estate documents is something that should be done as soon as you are out on your own. Even if you are 20, you could be involved in an accident and could be incapacitated. With an estate plan, the person you want would be able to take care of your affairs. […]
When you die intestate—without a will—Florida statutes dictate who gets your estate and inheritance. The best way to make sure your estate goes to who you want it to go to is to create an estate plan with at least a will, if not a will and a trust. An estate planning attorney will be […]
A legally-binding will provides detailed instructions on how your assets are divided among friends, family members, and loved ones after you pass. The document puts the force of law behind your wishes. It may also create substantial tax benefits in conjunction with effective estate planning. The unwelcome alternative would be to allow the state to […]
Because of the extensive changes in the tax law, you should contact a business tax attorney to help you with taxes. Even if you are working on your individual taxes, you should work with a tax professional. Before you have someone help you with your taxes, be sure everything is in order.
Update Your Beneficiary Designations
At […]
Preparing business taxes is not a simple thing to do, even if you are a sole proprietor. Depending on how your business is set up, you may have to file different schedules. If you are a partnership, you don’t file taxes—you file an information return. Self-employed usually file Schedule SE and other types of businesses […]
The Medical Directive is a document better known as a living will. The document allows a person to specify what kind of medical treatments they will allow if they are in a situation where they are unable to voice their wishes. While “living will” is a common name we all know, it is not the […]
Having a Will in place is a fundamental act of kindness toward friends, family and loved ones. Such legal documents provide a detailed account of your wishes and help avoid speculation and disagreement. Despite the loving nature of thoughtfully crafted Wills, organizations such as AARP indicate that as many as 60 percent of Americans polled […]
There will come a time when you are no longer able to oversee your wealth. Whether that occurs as a result of death or disability remains to be seen. But at that critical juncture, it will be imperative that you have created a trust that provides details about how your wealth will be distributed and […]
Even if you’re meticulous about financial planning, you may be putting off writing a will until the later years of your life. However, your family members may find themselves entangled in a legal morass without warning if you or your spouse pass away unexpectedly. There are some potentially negative complications for sorting out your estate […]
If you are like most, you hope that your family will honor your wishes after you pass. That includes following any instructions to leave behind regarding your estate. In an ever-changing world, some circumstances may arise where you need to make room in your life for a new grandchild or treasured non-profit organization. You may […]
