With a revocable trust, you are typically both the founder and the trustee. This means that you both create the trust and manage its assets and operations.
Estate planning isn’t just for wealthy individuals with large assets; it’s essential for everyone.
When beneficiaries receive a payout from a life insurance policy, they typically don’t have to pay taxes. However, there are a few situations where a portion of the life insurance benefit is taxable to the beneficiary.
A diagnosis of dementia may prompt families and their loved one with dementia to reconsider their choices. However, people with dementia do live by themselves. We discuss some common topics related to independent living after a diagnosis of dementia.
Creating a will should be the first step in a comprehensive estate planning process, since it allows you to make sure that your wishes are properly carried out after your death.
Naming secondary beneficiaries can help estate planners avoid the delay and costs of going through probate, as well as ensure that your wishes are carried out.
At such an emotional time, more paperwork is probably the last thing you want on your to-do list. However, taking a few key steps is critical to your financial future.
Before making a decision on a beneficiary, it’s very important to check your state laws. Some states have different rules on who you can name as a beneficiary.
Many people think that estate planning and writing a will are the same. However, one is actually just part of the other.
A last will and testament is essential for every adult. It establishes one’s wishes for distributing their property, whether real or personal, after death.
4801 South University Drive, Suite 264/265
Davie, Florida 33328
4801 South University Drive, Suite 264/265
Davie, Florida 33328
