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Category Archives: Estate Planning

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Is It Ever Too Late To Create An Estate Plan?

By Legacy Protection, LLP |

Preparing your estate planning documents is a task that many people easily put off for another day. In many cases, this is often because people think they do not need a plan just yet, and that there is still plenty of time to create one. Many people think they are too young to need… Read More »

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NeedLawyer2

How To Choose The Right Estate Planning Lawyer

By Legacy Protection, LLP |

If you have started thinking about creating an estate plan, you may think about using the different templates you can find online. Unfortunately, people who use these templates often make mistakes, or do not understand the law and so, they do not have the protection they thought they did. When creating your plan, it… Read More »

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Documents Your Child Needs After Turning 18

By Legacy Protection, LLP |

When your child turns 18 years old, they are no longer a minor and will gain many rights. After turning 18, your child will have full authority over their legal, financial, and medical decisions. You can no longer make decisions for your child at this point, nor will you have access to their privileged… Read More »

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TaxLoophole

How To Avoid Capital Gains Tax When Inheriting Property

By Legacy Protection, LLP |

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 »

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Common Mistakes In Estate Planning

By Legacy Protection, LLP |

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 »

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MoneyGift2

Benefits Of Gifting An Early Inheritance

By Legacy Protection, LLP |

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 »

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Mistakes To Avoid When Designating A Life Insurance Beneficiary

By Legacy Protection, LLP |

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 »

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FatherBoys

Important Estate Planning Considerations For Single Parents

By Legacy Protection, LLP |

Life for single parents is extremely busy. You have to go to work, take care of your children, attend school activities, and maintain your home all on your own. All of these are huge responsibilities, even for those who co-parent with another person, and especially for those who do not. Creating an estate plan… Read More »

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Mistakes To Avoid When Estate Planning

By Legacy Protection, LLP |

Everyone should create an estate plan so their final wishes are respected and their loved ones are cared for after they pass away. When creating a plan, it is just as important that you avoid some of the most common mistakes people make. Even the slightest mistake can delay probate proceedings for surviving family… Read More »

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Checklist

Estate Planning Checklist

By Legacy Protection, LLP |

Estate planning is an important and responsible thing to do. However, there are many steps involved and it can become complex. To make it easier, our St. Petersburg estate planning lawyer has created a checklist to ensure that nothing gets missed in yours. Outline Your GoalsĀ  You should start outlining your goals by first… Read More »

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