What Does Right of Survivorship Mean? What Does Right of Survivorship Mean? It is a right granted to joint property owners that ensures the transfer of one owner’s stake to the remaining property owner(s) in the case of his or her…
7 Tips For Setting Up A Trust For Your Children When creating trusts, parents are faced with tough decisions about how to leave their assets to their children. While each person needs to consider their own situation and unique children,…
Elder Abuse Neglect and Financial Exploitation How to Report Elder Abuse in Florida To report elder abuse by phone, call the Florida Department of Elder Affairs 24/7 at 1.800.962.2873 (800.96.ABUSE). Press 2 to report suspected neglect, exploitation, or abuse of…
Make Your Estate Creditor-Proof. Here's how to ensure assets go to your heirs. Ensure your assets go to directly to your loved ones instead of through probate. When you pass away, the tax man isn't the only one who can take…
Passing Assets to Grandchildren Through a Generation-Skipping Trust Passing assets to your grandchildren can be a great way to ensure their future is provided for, and a generation-skipping trust can help you accomplish this goal while reducing estate taxes and…
Tragic Aaron Carter 'died without a will' leaving the state to decide who will inherit his assets including his $800,000 house which he had put on the market shortly before his deathSinger did not write a will, meaning California will…
Chicago man’s $11 million estate to be divided among 119 distant cousins who never knew him This may be the largest unclaimed U.S. estate ever, attorney tells Block Club Chicago. Here's how to dig for an inheritance that might…
Reviewing & Updating Your Estate Plan Once you have established your estate plan, make sure it stays sound by revisiting it at regular intervals or at key life events. Many people review their estate plan at a regular frequency, often…
What Happens If An Elderly Person Has No One To Care Of Them? It’s a heartbreaking situation, but one that a subset of older adults will face. They’ve reached their senior years, but they have no family to take care…
The Special Needs Trust (SNT) Improvement Act of 2022. Newly introduced legislation may soon alleviate a challenge families sometimes face when planning for a loved one living with disabilities. In general, any funds left to such a beneficiary should be…