How to Keep Your Estate Plans Private.
How to Keep Your Estate Plans Private. Did you know that having a Will does not mean that it will not become public record? In fact, in the state of Florida, Wills are still subject to probate and all of the…
Do You Need An Asset Protection Plan?
The Basics of Asset Protection Planning – The Rules You Need To Know Jeff Rose, CFP® | June 24, 2020 While working with clients for almost two decades one of the most pressing concerns shared among all of them was protecting the…
Estate Planning Meets Tax Planning
By being very selective about who receives which type of money—whether Traditional or Roth IRAs, after-tax brokerage accounts, life insurance, etc.—you can dramatically cut the share that goes to the IRS and increase the amount going to your family.
Avoiding Unnecessary Probate Costs
Avoiding Unnecessary Probate Costs By BARCLAY PALMER Updated Dec 15, 2020 Each year, millions of dollars are spent on soaring attorney and court fees associated with probate proceedings upon the death of a loved one. Avoiding probate in estate planning…
The Pros and Cons of Qualified Personal Residence Trust
The Pros and Cons of Qualified Personal Residence Trust The Pros and Cons of Qualified Personal Residence Trust. A qualified personal residence trust (QPRT) is a special type of irrevocable trust that's designed to remove the value of your primary…
Estate Planning for the Digital Era
Estate Planning for the Digital Era As owning digital property becomes the norm, estate plans need to employ new strategies. FIDELITY VIEWPOINTS – 07/22/2020 Key takeaways Many people own digital assets: everything from domain names and electronically stored photos and…
Why You Might Want to Avoid Probate and How to Do It
Why You Might Want to Avoid Probate and How to Do It BY JULIE GARBER REVIEWED BY EBONY J. HOWARD Updated January 20, 2021 Why You Might Want to Avoid Probate and How to Do It. You've probably heard that…
How to Talk to Your Parents About Estate Planning
How to Talk to Your Parents About Estate Planning It’s a hard conversation to have but a necessary one BY TERRI WILLIAMS Updated March 25, 2021 Discussing estate planning with your parents is a conversation that can be difficult to…
Own a Gun? Careful: You Might Need a Gun Trust
Own a Gun? Careful: You Might Need a Gun Trust Make a mistake when inheriting an IRA and you might face tax consequences. Make a mistake when inheriting a gun collection, and there's a chance you could face felony charges.…
About Asset Protection Plans
About Asset Protection Plans BY JULIE GARBER REVIEWED BY EBONY J. HOWARD Updated March 18, 2021 With the economy slowly plugging along and credit remaining tight, asset protection is still a hot topic. So what is asset protection, and how can…