Category Archives: Estate Planning
Stand-Alone Education Trust Basics
A stand-alone education trust is another popular estate planning tool. With the cost of college and graduate school rising and with college degrees becoming more and more necessary for employment, a stand-alone education trust is something that you may want to think about as you plan for the future of you and your family…. Read More »
Charitable Remainder Trust Basics
A charitable remainder trust is an important estate planning tool. Charitable remainder trusts are a way to support a cause you love while also getting tax benefits for yourself and your heirs. This article looks at the specifics of charitable remainder trusts and gives a brief introduction to the most common kinds of charitable… Read More »
Estate Planning Basics: Pour Over Wills
Pour over wills are an important estate planning tool. This article discusses pour over wills in Florida and their relationship to revocable living trusts. Will Basics A will is one of the most well-known estate planning tools. As you probably know, in a will a person documents his or her wishes for the disposition… Read More »
Veterans Aid and Attendance Basics
If you are a veteran, or you are the surviving spouse of a veteran, you may be eligible for veterans Aid and Attendance benefits from the Veterans Administration (VA). This benefit is a kind of supplemental pension for certain veterans and surviving spouses. If you have questions about these benefits, it is important to… Read More »
What Blended Families Need to Know About Estate Planning
Now that more people are getting divorced and marrying again, blended families are relatively common. Merging two families can come with a host of unexpected issues. One issue concerns estate planning. Estate planning in a blended family can cause many conflicts, but it also may keep the peace in the long run. It is… Read More »
Why Might A Will Be Declared Invalid?
The vast majority of wills are probated and executed with no issue. However, you may have heard that unhappy family members sometimes contest the wills of loved ones in court. You may wonder how people can fight over a document that should be pretty clear on its face. This article looks at some of… Read More »
Basics of Revocable Living Trusts
Revocable living trusts are a common part of elder law and estate planning. In fact, revocable living trusts are one of the most common estate planning tools. Therefore, it is important to have a clear understanding about living trusts, what they are, and what they do. Important Definitions Talking about trusts is sometimes like… Read More »
Estate and Tax Planning Basics Part 2 – GSTT
If you are thinking about planning your estate, there are tax considerations that you need to know about. In a previous article, we looked at estate and gift tax and capital gains tax planning. This article will cover the Generation Skipping Transfer Tax (GSTT). A skilled tax planning attorney can help you understand how… Read More »
Medicaid Planning Frequently Asked Questions
In the United States, long-term health care is extremely expensive. Many people who find that they are facing a diagnosis like Alzheimer’s or other degenerative conditions may not have the money to pay for the care that they need. Even some people who have saved money may find themselves destitute after spending all their… Read More »
Estate and Tax Planning Basics Part 1
Planning your estate involves thinking about taxes. Skillful tax planning can help you to avoid and minimize some of these taxes. This article gives an overview of two of the common kinds of taxes you may need to be aware of when planning your estate. Estate and Gift Tax When people think about tax… Read More »
