How to make a gift of retirement assets

When the elderly feel that their strength is diminishing, they start planning their retirement assets. Among what they opt to do is giving out part or all of their property as planned gifts. There are several benefits of contributing to other lives through donations.  According to the Cancer Research Institute, if an elderly leaves their retirement assets to…

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What should I know about Florida estate tax?

Estate taxes are often confusing. This is especially true when they change often. It does not help that they occur at both the federal and state levels. Federal law changes may affect state laws, which is what happened with the Florida estate laws with recent changes to the federal regulations.  Prior to 2005, Florida had an…

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Is it time to update your estate plan?

As a resident of Florida, it is important to have an estate plan prepared. However, you cannot simply write your estate plan and then leave it untouched. You must also be prepared to update it frequently so that it accurately reflects any major changes in your life. Forbes discusses some of the prime points in…

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