Category Archives: Estate Planning
Unique Estate Planning Needs For Business Owners
As a business owner, estate planning is an extremely important part so you can secure your legacy and ensure your business interests are managed properly after you pass away. For business owners, creating an estate plan involves unique factors and obstacles, as any plan must also address the complicated nature of business ownership and… Read More »
Is It Ever Too Late To Create An Estate Plan?
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 »
How To Choose The Right Estate Planning Lawyer
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 »
Documents Your Child Needs After Turning 18
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 »
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 »
Important Estate Planning Considerations For Single Parents
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 »
Mistakes To Avoid When Estate Planning
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 »