The primary purpose of estate planning is ensuring that the people one leaves behind in Florida can benefit from the assets that a decedent worked a lifetime to accumulate. The thought of a good portion of those assets being eaten up by taxes can certainly be demoralizing (even to the point of causing some to…
Continue reading…How can I avoid probate?
Most estate planners in Southern Florida want to do all they can to avoid probate. This is the costly and often time-consuming legal process of proving a will’s validity, as well as ensuring debts are paid and heirs receive their share of the assets. Taking steps to prevent probate not only prevents your estate from…
Continue reading…How can I avoid battles over my estate?
Fights between heirs is an unfortunately all too common occurrence when it comes to an estate. That’s why estate planners in Florida must take steps to mitigate squabbles, which not only keeps the peace among family members but also helps avoid probate litigation. AARP offers the following advice on how to prevent estate battles after…
Continue reading…How can I protect a loved one from scams?
If you have elderly parents in Florida, you might be involved in their estate planning process. One important facet of creating a solid estate plan is being aware of common scams and frauds, many of which unfortunately target seniors. To help you and your family remain protected, Forbes offers the following advice. While it’s not…
Continue reading…How to help your elderly parent with estate planning
When you were a child, you relied on your parents for essentially everything. As you grew into adulthood, you probably continued to lean on your mother or father for essential pieces of life advice. Now that your parents are in the final stages of their life, you may need to offer important guidance about estate…
Continue reading…Eligibility requirements for VA pension benefits
When a person has an elderly, low-income veteran parent who needs additional financial assistance beyond what he or she currently receives in income, retirement benefits, social security disability insurance or supplemental security income, it may be worth that person’s while to look into VA pension benefits. According to the U.S. Department of Veteran Affairs, Veterans…
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