What is a Gun Trust?
If you’re a gun collector, while you likely have heard the term “gun trust,” you may not know what it is, how it works, or how it can be useful in an estate plan. Guns Are One of the Worst…
How Does a Trust Protect My Family after Death?
Estate planning involves a close look at personal and financial goals while you are living and after you have died. Having a comprehensive estate plan ensures that your wishes will be carried out and loved ones protected. Many Jacksonville seniors…
What are the Responsibilities of a Trustee?
Before accepting the role of a trustee, it is important to have a thorough understanding of what you will need to do and for how long. Trustees are often appointed to manage trust assets for a child or adult with…
Pros and Cons of a Will vs. a Trust
There are many estate planning strategies available for passing your financial legacy across generations, but what works best for one family may only work for some. Some of these estate planning tools work best together, says the recent article, “Which…
What Is a 529 Plan?
What Is a 529 Plan? A 529 plan is an investment account that offers tax benefits when used to pay for qualified education expenses for a designated beneficiary. You can use a 529 plan to pay for college, K-12 tuition,…
Tina Turner Settled Estate Matters Years Before Death to Avoid Family Drama.
Tina Turner Settled Estate Matters Years Before Death to Avoid Family Drama. Tina Turner Settled Estate Matters Years Before Death to Avoid Family Drama.Sources revealed that Tina started getting her final will in order in 2021. The singer feared her…
What Happens to Airline Points & Miles After You Die?
What Happens to Airline Points & Miles After You Die? What Happens to Airline Points & Miles After You Die? If you’ve begun the important task of preparing your Estate Plan, you may want to consider what to do with…
What Assets Should I Keep Out Of My Trust
What Assets Should I Keep Out Of My Trust What Assets Should I Keep Out Of My Trust. The process of funding your living trust by transferring your assets to the trustee is an important part of what helps your…
Up Before SCOTUS: The Consequences of Not Paying Property Taxes
Up Before SCOTUS: The Consequences of Not Paying Property Taxes Up Before SCOTUS: The Consequences of Not Paying Property Taxes. On April 26, 2023, the U.S. Supreme Court heard oral arguments in a case that involves an elderly former homeowner…
How Can You Help Minimize Estate Taxes.
How Can You Help Minimize Estate Taxes. How Can You Help Minimize Estate Taxes. If estate taxes and estate planning haven't been top of mind for 2023, now might be the time to start thinking about them. It's true that…