Important Florida Burial, Cremation Laws that Could Affect Your Estate Plan

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Important Florida Burial, Cremation Laws that Could Affect Your Estate Plan

As you are planning your funeral wishes, including whether you want your body to be buried or cremated, it’s important to keep in mind that Florida state law could affect your options. The following are some key considerations: Casket necessity: There are no laws in Florida requiring you to be buried in a casket. However, […]

What Happens with Debts when You Pass Away?

There are a few types of debt that will be forgiven upon your death. However, in most cases, debts and other financial obligations you have will be paid out of your estate. The following is a quick look at some of the most common types of debts and how they get handled when the debtor […]

Put All Your Funeral Wishes in Writing in Your Estate Plan

One of your estate planning goals should be to make matters as easy as possible on your surviving family members when administering your estate. Although it’s never pleasant to think about your own funeral and your wishes for the service and your burial, having a clear plan in writing long before you pass away can […]

Important Information on Selecting a Successor Trustee

Whenever you develop a living trust, you must decide who will be your successor trustee. This is the person who will take control of your trust assets upon your passing or if you become medically incapacitated. Below are some of the considerations to keep in mind when making this decision: The role of the successor […]

Items and Issues You Cannot Keep Private with a Living Trust

One of the top benefits of a living trust is that, unlike a will, the trust does not have to be filed with a court at any time before or after your death. Therefore, the majority of its contents are never made public. In addition, the probate court does not have any supervisory powers over […]

Planning Your Estate After Being Diagnosed with Dementia

When you receive a dementia diagnosis, getting your estate plan in order may the last thing on your mind. However, it’s something you need to take care of while you still have the capacity to do so. Dementia leads to the deterioration of cognitive function. As the baby boomer generation reaches old age, the number […]

Tips for Protecting Children with Disabilities in Your Estate Plan

If you are the parent of a child with a disability, you must ensure you can continue looking out for your child’s best interests, even when you are no longer here. Without the proper stipulations in place in your estate plan, your child with special needs or disabilities could be left vulnerable. Below are some […]

Potential Estate Planning Effects of the Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act, signed into law by President Donald Trump at the tail end of 2017, has wide-ranging implications when it comes to taxes, divorce and estate planning. High-wealth individuals and families benefit the most under the estate planning-related provisions of the law. Therefore, if you have a large, valuable estate, it’s […]