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 …
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 …
What You Need to Know If You’ve Been Asked to Serve as a Successor Trustee in Florida It may be an honor to serve as a loved one’s successor trustee, but it’s also an enormous responsibility. You have a legal duty to oversee and distribute trust assets to the intended beneficiaries—and if you make a mistake during trust administration, you …
How do you envision your guardian angel? Maybe a soft-glowing aura around a heavenly being with outstretched wings to fly in when you need help. But this mythical creature might not appear when your parent or loved one is unexpectedly incapacitated and unable to make sound decisions. Fortunately, with guardianship of your elderly parents, you can serve as a protector …
Can you bubble-wrap your assets to protect them? This is bulky, cumbersome, and just not realistic. However, there are other ways to be proactive and protect what is most important to you and your business from being sued. What if you are a small-business owner and someone falls and gets injured at YOUR place of business? They could try to sue you professionally and …
A divorce can be an overwhelming experience that impacts every facet of your life. Your estate plan might not be at the forefront of your mind, but a divorce will affect it. Many people forget to update their plan or put it off until it’s too late. Failing to update your plan for divorce can have several potentially tragic consequences. …
In 2008, Congress passed House Resolution 1499 which recognized the need for the public to understand the importance and benefits of estate planning and designated the third week of October as National Estate Planning Awareness Week. Notably, this Resolution passed without objection on the bipartisan sponsorship of 50 representatives. Nevertheless, according to a 2021 survey conducted by Caring.com, only 33 …
What is the best investment you have ever made? It could have been stock options in a company, an NFT, an investment property, or a collectible item. As entrepreneurs, we think the most valuable investment you could make is to invest in yourself. The return on your investment (ROI) of yourself will help you to enjoy the profits now as well …
Planning a vacation is fun and exciting, however, there is a lot of preparation before the experience. The lists of what to do and what to bring is important but not as important as remembering to ENJOY a vacation. It’s supposed to be fun and relaxing, or at a minimum, memorable. Also, you can probably get plenty of deep thinking …
