If you’re planning to leave a retirement account to your children—or you’ve recently inherited an IRA or 401(k)—a critical tax rule is now in effect that could impact your financial strategy. As of January 1, 2025, the final IRS rule…
When most people think about estate planning, they think about documents: wills, trusts, powers of attorney. They think about taxes, probate, and making sure their loved ones are taken care of financially. But there's another side to estate planning—one that…
Takeaways Family problems can become legal issues when a loved one needs end-of-life care or passes away, leaving an inheritance. A comprehensive estate plan can help your loved ones avoid family fights by addressing potential issues before they become legal…
Takeaways Americans are among the most generous people in the world, but trust in charities is declining amid concerns about transparency and accountability. Charitable remainder trusts (CRTs) allow donors to provide for themselves and their loved ones while supporting a…
Takeaways A new report finds that Americans overwhelmingly support preserving and strengthening Social Security benefits, even if it means paying more to address the program's long-term financing gap. At a time when the nation is deeply divided across political lines,…
Creating a Will or Trust is one of the most effective ways to ensure your assets are distributed according to your wishes. However, even a carefully crafted estate plan can be contested under certain circumstances. At Estate Planning & Elder…
Estate planning is something many people put off, believing they have plenty of time to get their affairs in order. But what happens if you die without a Will in Florida? The answer might surprise you—and not in a good…
Takeaways Guardianships may be necessary to protect individuals with cognitive impairments, but they can also limit personal freedom and autonomy. Wendy Williams’ guardianship case highlights the importance of legal representation and proactive estate planning. Dementia is on the rise and is…
Many people set up a Trust to avoid probate, thinking their loved ones won’t have to deal with the court process after they pass away. But in Florida, even if a decedent had a Trust in place, their beneficiaries may…
Brevard County is a beloved destination for snowbirds—those part-time Florida residents who split their time between Florida and another state. Whether you’re here for the winter months or transitioning into full-time Florida residency, your estate planning needs may be more complex…