What Is a Testamentary Trust and Do You Need One?
A testamentary trust can control and safeguard your assets after death and provides additional benefits like protecting minor beneficiaries and tailored distribution plans for specific purposes.
Planned Giving to Charities: Make a Difference While Reaping Benefits
Discover the power of mindful giving with strategies to support charities while enjoying financial benefits. From Qualified Charitable Distributions to Charitable Trusts, explore ways to align your values with your estate plan.
Is Your Estate Plan Still On Track? End-of-Year Tips for Jacksonville Families
Like your preventive doctor visits, you should regularly check in on your estate plan to ensure that it’s in good shape for when it’s needed.
Protecting Young Beneficiaries with Pot Trusts: A Guide for Jacksonville Parents
Pot trusts offer flexibility in estate planning, allowing trustees to distribute assets based on beneficiaries’ unique needs. Ideal for families with young children or varying financial circumstances, these trusts ensure fairness while simplifying asset management. Learn how a pot trust can protect your family’s future.
Why Should You Talk To Your Family About Your Estate Plan
Discussing inheritance and your estate plan early avoids surprises and prepares your children to manage the wealth and responsibilities they’ll inherit.
Common Estate Planning Mistakes and Assumptions that Could Hurt Your Loved Ones
Many people delay estate planning due to common myths, like assuming a will avoids probate or that planning is only for the wealthy. Learn how to avoid these mistakes and create a plan that truly protects your loved ones and secures your legacy.
How an LLC Benefits Estate Planning: Protect Your Assets with Confidence
Can a Limited Liability Company provide an effective way to protect your personal assets from the risks associated with running a business? In this post, we review the benefits of creating a clear legal separation between your personal and business assets.
The Essential Role of a Healthcare Proxy (Medical Power of Attorney)
A healthcare proxy, or medical power of attorney, designates someone you trust to make medical decisions if you're unable. This crucial document prevents family conflicts and ensures your wishes are honored. Legacy Planning Law Group can help secure your healthcare preferences today.
Cybersecurity Awareness Month: Protecting Yourself and Your Legacy
Cybersecurity Awareness Month is the perfect time to learn how to better protect online accounts and your legacy. Learn how cybercriminals target seniors due to their trust and wealth, and find practical tips to protect personal information and secure your legacy through strong online defenses and estate planning.
Setting Trustee Fees in Your Trust
When setting up a trust, one important decision to make is how much the trustee should be paid. A trustee has a huge responsibility in managing a trust, including overseeing assets, distributing funds, and ensuring the trust operates according to…