What do millionaires have in common? It isn’t six-figure salaries, trust funds, or their bank balances—it’s the rules they follow to meet their goals. The truth about how to make your first million is surprisingly simple: save early, invest wisely, avoid debt, and keep track of every dollar you spend. No matter where you’re starting, a disciplined strategy significantly increases …
Florida Estate Planning Checklist: 10 Ways to Get Your Affairs in Order Estate planning is vital to ensuring your property is distributed according to your wishes after passing away. Each state has specific considerations and laws that come into play when crafting an effective estate plan. Our Florida estate planning checklist aims to guide you through the key steps to …
Not Quite a Scam: How Businesses Lose Money on Tax Planning Strategies for Corporations There’s no shortage of opinions on how businesses can avoid paying taxes. From social media influencers to your neighbor down the street, plenty of people are willing to put in their two cents about how you can take advantage of tax laws. Unfortunately, the quality of …
Tax advice from social media influencers can have some BAD outcomes. For a few months now, we’ve seen people who are neither attorneys nor accountants recommending that business owners start renting out their homes to take advantage of the Augusta Rule. Sounds great, right? Who doesn’t love tax-free income? As you might guess – details (and documents) matter. According to …
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 …
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 …
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 …
