Monthly Archives: October 2024
How To Avoid Capital Gains Tax When Inheriting Property
Inheritances are meant to provide family members with a bit of financial security after a loved one passes away. Although people usually benefit from the inheritances that are left to them, there are times when inheriting property can be more stressful than a person thought. For example, even the most well-intentioned inheritances can result… Read More »
Common Mistakes In Estate Planning
Estate planning is something many people put off doing. Even when people are responsible and create an estate plan, they sometimes make mistakes that essentially undo all of their hard work. If you are thinking about creating an estate plan, it is critical to work with a St. Petersburg estate planning lawyer who can… Read More »
Benefits Of Gifting An Early Inheritance
As people start to accumulate wealth and assets, they often also begin to think about who they want to receive it after they pass away. While leaving a legacy for your family has many benefits, there are also many advantages to giving your loved ones their inheritance early through gifts. One of the biggest… Read More »
Mistakes To Avoid When Designating A Life Insurance Beneficiary
There are many important components of estate planning and investing in a life insurance policy is certainly one of them. You can name a beneficiary on a life insurance policy who will receive the proceeds without the need to go through probate. Unfortunately, many people make some common mistakes when naming these beneficiaries. Below,… Read More »