Estate Planning after a Divorce: What You Need to Know
Divorce is an undeniably significant life event, marking not just the end of a marriage but also the beginning of a new phase in one's life. Jacksonville residents either going through a divorce or who have recently finalized one may…
Risks of Naming a Special Needs Beneficiary for Retirement Plans or Life Insurance Policies
For Jacksonville families striving to secure a bright and stable future for their special needs family members, your ultimate goal is to ensure that they will be secure and taken care of long after you are gone. Due to the…
Why Powers of Attorney Are Essential for Business Owners
A business owner works hard to establish a company, build wealth, and protect assets. That owner creates a plan for company growth and backup in case of an unexpected disruption. They should also plan for unforeseen events, such as mental…
What is a Decedent?
Estate planning might sound like a complex topic, but it's all about preparing for the future, specifically what happens to your things and responsibilities after you pass away. In Jacksonville, FL, like anywhere else, it's crucial to understand certain terms…
Estate Planning for Non-Traditional Families: A Comprehensive Guide
In today's diverse society, families come in myriad forms, each with unique dynamics and needs. This diversity underscores the importance of customizing estate planning to fit various family structures and protecting your assets and loved ones after you pass away.…
Kickstart Your Jacksonville Teen’s Retirement Savings with a Roth IRA
Transforming Teen Earnings into a Fortune Picture this: a Jacksonville teen, fresh into their first job, experiencing the thrill of earning their own money. That first job isn't just about the paycheck; it's about the life lessons, the sense of…
Why Adding Your Children’s Names to Your Home’s Deed is Risky
Why Do Parents Put Assets in Children's Names? Many Jacksonville parents consider transferring assets to their children as a means of financial planning. But why do they choose to put assets including the deed to their home in children's names?…
Steps for Successful Family Meetings about Wealth Management
Hosting family meetings for affluent Jacksonville residents becomes essential when navigating the complexities of wealth inheritance, aiming to align family members with shared understanding and objectives. Such gatherings can transform the daunting task of wealth distribution into an engaging and…
How to Prevent Family Fights over Inheritance in Probate Court
One of the many aspects of a professionally created estate plan involves employing strategies to avoid family fights over distributing your life's work and hard earned treasure. As a trusted probate law firm, Legacy Planning Law Group works with Jacksonville…