Creating estate plans is a wise move for every family, including the single-parent family. Sadly, many single parents in Florida do not engage in estate planning, partly because they do not understand it. Here are a handful of tips for navigating the process of setting up trusts in particular.
Death isn’t something many wish to think about it. It can be sad or scary but it’s important to think about it when it comes to estate planning. Among the integral pieces of an estate plan is your medical directive. Your medical directive provides instructions for your wishes should you enter a vegetative state, become incapacitated by a terminal illness or otherwise become unable to make your own healthcare choices.
The process of creating wills in Florida and elsewhere remains highly misunderstood. For this reason, it is not uncommon for people to engage in financial planning but not estate planning. However, creating an estate plan, which includes drafting wills and other essential documents, is critical for protecting one's assets long term. Here is a look at a couple of estate planning truths that many asset owners do not realize.
Estate planning is essential, but can be confusing. There are so many different parts that you need to put together in order to create a plan that works. Including a durable power of attorney is just one of these parts, but it is just as important as any other component of it.
Many individuals in Florida and elsewhere are choosing to make the leap from merely renting a home to buying one this spring. However, the process of purchasing residential real estate can be overwhelming, especially for first-time homebuyers. Here are a few tips for buying a home in the Sunshine State.