digital assets estate planning

Ask Your Estate Planning Lawyer About Digital Assets

Don’t Forget to Ask Your Estate Planning Attorney About Digital Assets We accumulate so much as we go through life—and nowadays, the vast majority of it is made of thin air. Our bank accounts, our investments, and even our identities exist in a format we can’t hold in our hands. Unfortunately, your friends and family won’t inherit these valuable assets …

Estate administrator duties

Estate Administrator Duties: What You Need to Know

What I Wish I Knew About Estate Administrator Duties [Ed. Note: Our clients aren’t the only ones with stories to tell. Our families, our staff, and even our business consultants have been grateful for our expertise in times of need. Please enjoy this guest post from Sarah Bacon, our Content Strategist at Baconwood Marketing, about the unforeseen challenges of acting …

How Climate Change Slashes Florida Real Estate Market Values

Climate Change Slashes Florida Real Estate Market Values

Climate Change Puts Florida Real Estate Investments at Risk Residential real estate has long been our national go-to investment. And for good reason: the U.S. housing market is valued at $50 trillion, nearly double its GDP. However, a recent study estimates $1.47 trillion in home values could be lost due to climate-related risks—a serious concern for those with real estate …

examples of estate planning fails

5 Ways Your Estate Planning Can Fail

Examples of Estate Planning Fails (and How to Prevent Them) The DIY estate planning option might seem convenient and cost-effective because you’re “just filling out papers.” However, the devil is in the details—and the details of your family’s future should not be left up to chance. Without proper guidance, your plan might cost them more money and time later (without …

business authenticity

Five Key Leadership Qualities for Business Authenticity

Business Authenticity: Five Key Leadership Qualities That Show You Walk Your Talk In today’s hyper-connected world, people don’t just buy the products you sell. They’re buying how you do it, what you believe, and who you are—and they can spot a fake from a mile away. Whether you’re a small local company or an established brand, business authenticity can be …

private foundation rules

Private Foundation Rules and Warnings for Business Owners

Private Foundations: Rules, Procedures, and Warnings Every Business Owner Should Know Now that you’ve built a successful business, what better way to perform long-term charitable activity than by establishing a foundation? Giving money where and when you want it to go—and letting it grow tax-free in the meantime—it’s a win for everyone.  Or, it should be. As a recent example …

What is the impact of estate inheritance and gift taxes

The Difference Between Estate, Inheritance, and Gift Taxes

Estate, Inheritance, and Gift Taxes Can Be Minimized—If You Plan Ahead If you’ve spent your life building a real estate portfolio, you’re probably aware of the realities of paying property taxes in various locations. However, you may not have considered the taxes your heirs could pay on these properties—and not just estate tax. While estate, inheritance, and gift taxes are …

wills online vs attorney

Online Wills Vs Estate Planning Attorney

Creating a Will Online Vs Estate Planning Attorney: An Honest Review You’re ready to plan and protect your family. You might not realize all the benefits that will accrue when put your assets into a trust, or at least with the drafting of a will. But before taking that important step, you must decide: can you do it online, or …

preventing financial abuse of vulnerable adults

Preventing Financial Abuse of Vulnerable Adults in Florida

Laws and Legal Documents: Preventing Financial Abuse of Vulnerable Adults in Florida Florida is the number one retirement destination in the nation; unfortunately, that makes us a top scammer’s paradise. New legislation has put in place a series of protections preventing financial abuse of vulnerable adults, but there’s a lot more we can do on the individual level to protect …

The cost of care for elderly

Covering the High Cost of Care for Elderly Relatives

The High Cost of Care for Elderly Loved Ones As the Baby Boomer generation ages, more Gen-Xers and Millennials will face the challenge of balancing their lives and careers with the competing need to care for aging loved ones. Taking the time to plan for the future now—before your relative needs you—can prepare you for the cost of care for …