Millennials, Estate Planning, and the Great Wealth Transfer: What You Need to Know If you’re a millennial, the phrase “The Great Wealth Transfer” is more than financial news—it’s your future. Over the next 20 years, Baby Boomers will pass down an estimated $84 trillion to their children and grandchildren, with millennials and Gen Z set to inherit the lion’s share.[1] …
Florida’s New Fiduciary Law: What the Uniform Fiduciary Income and Principal Act Means for You When it comes to managing trusts and estates, Florida is no stranger to change—and as of January 1, 2025, the rules have officially been rewritten. The Florida Uniform Fiduciary Income and Principal Act (FIPA) is in, and the old laws… well, they’re yesterday’s news. Whether …
Key Provisions of the OBBBA Every Entrepreneur Should Know As a small business owner, I’ve learned that legislative shifts can either accelerate growth or introduce unexpected challenges. When President Trump signed the One Big Beautiful Bill Act on July 4, 2025, I saw a chance to transform tax changes into strategic advantages for my company—and for yours. In the sections …
Navigating the OBBBA’s Estate Tax and Personal Planning Provisions On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA), reshaping the tax landscape for individual taxpayers and business owners alike. While much of the media spotlight has fallen on business incentives and corporate tax breaks, this legislation contains provisions that demand careful consideration by anyone focused …
Florida Dynasty Trusts: A Must-Have for High-Net-Worth Planners When it comes to protecting generational wealth, high-net-worth individuals need advanced estate planning tools—and one of the most powerful instruments available today is the Florida dynasty trust. These trusts are designed not just to transfer wealth, but to preserve it down the generations by protecting assets from creditors and taxation. Here’s what …
Understand NFT Tax Laws, Inheritance, and Access Before You Invest From floppy disks and hard drives to the cloud, how we store our precious data has significantly changed over the years. Our investments have gotten a similar upgrade, and in some cases, our digital portfolios are far more valuable than our physical estates. If you’re considering a digital investment in …
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 …
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 …
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 …
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 …
