You’re ready to build an estate plan that gives you peace of mind and ensures a healthy financial future for your loved ones. Before you can take control of your future, you’ll need to know the pitfalls lurking in these essential documents, ready to undermine your wishes and diminish your legacy. Our legal team has prepared this list of estate planning …
Is the Trustee of Your Florida Firearms Trust a Prohibited Person? Florida gun trusts offer a simple and private way to transfer your Title II firearms to new owners. However, you must choose carefully when appointing someone to act as trustee to your revocable living trust. Your trustee must not only be a responsible party; they must be legally able to …
If you have created your Will or Trust as part of your estate plan, you’ve already taken a big step toward the financial well-being of your family members. However, you could go further by planning for specific future expenditures, such as paying for your children (or grandchildren) to get the best possible education. While you could earmark a portion of your …
If you’re a small business owner, estate planning might be the last thing on your mind. The day-to-day running of the company is likely filled with payroll concerns, marketing metrics, and attracting the right kind of talent to boost your growth. Unfortunately, many small business owners who put off estate planning don’t realize that they’re putting everything they’ve worked for …
Whether you welcome new technology, fear our new robot overlords, or don’t know what to think about AI integration, there’s no denying that 2023 is fast becoming the year of artificial intelligence. The rise of programs like Grammarly© and ChatGPT© using natural language processing to provide nearly-human responses is taking the world by storm. As a savvy entrepreneur, you’re probably asking, …
A Florida Gun Trust: The Smart Way to Leave Firearms to Your Heirs Your right to own a gun is essential to you, so naturally, you want your friends and family to continue that legacy after you’re gone. However, many gun owners are unaware of the legal barriers and potential consequences of including firearms in a Florida estate plan. State and federal …
Travelers: Complete Our Estate Planning Checklist (Actually Relax on Vacation) Travel broadens the mind, but it carries its share of stress. Whether you’re a frequent flier or going on a long-overdue vacation, you’ve likely got a million things on your to-do list before your departure. While it might seem less important than packing enough sunscreen and coordinating childcare, creating an …
Your business wouldn’t exist without you, but that doesn’t mean you and your business are one and the same. For you to maximize the benefits of owning your own company, it’s essential that you maintain two distinct entities: your business, and you as its employee. Thinking of your business in this way has many advantages. One, you have a better …
Owning your own business can be deeply satisfying, but it also takes a toll on your time and energy. You don’t have a “day off” anymore; you’re constantly building and growing your company for the benefit of your loved ones. In many ways, you ARE the business—the company’s day-to-day operations wouldn’t be the same without you. So, what happens to …
A Kids Protection Plan® (KPP) makes legal provisions for minor children if something happens to you or your spouse. By adding it to your estate planning documents, you can ensure that the right person will raise your children if you’re suddenly unable to do so. Table of Contents Benefits of Creating a Kids Protection Plan® Sooner Rather Than Later Even if you …
