Noting Beneficiaries to Individual Retirement Account Account

As the baby boomers retire, they are the first generation that will retire with large Individual Retirement Account accounts. When the boomers do their estate planning, one of the factors to consider in such planning is who to call the beneficiary of the big IRA account. One factor to consider for such an option is…Continue reading Noting Beneficiaries to Individual Retirement Account Account

Estate Planning with the Unlimited Marital Exclusion and Federal Estate Taxes

If you have large properties it is an advantage to be wed. If a couple is wed they can pass an unlimited amount of loan to each other after they pass away without needing to pay a federal estate tax. Expense Gates, Donald Trump, or Warren Buffett could pass all of their billions to their…Continue reading Estate Planning with the Unlimited Marital Exclusion and Federal Estate Taxes

The Life of a Judgment (Lien) in Florida

A recent case decided by the Fifth District Court of Appeals goes over the statutory framework for perfecting and keeping a judgment lien on genuine property in Florida. The viewpoint is Sun Radiance Const., Inc. v. Cypress Healing Corp.,– So. 3d–, 2010 WL 4536803 (Fla. fifth DCA 2010). According to Fla. Stat. 55.10, a judgment…Continue reading The Life of a Judgment (Lien) in Florida

3 Common Retirement Remorses and What You Can Gain from Them

As increasingly more Americans reach retirement age every day, many often discover that their new lives can lead to some remorses. If you have yet to reach retirement age and are creating your estate plan there are several problems associated with retirement you might desire to think about as you make your planning choices. Problem…Continue reading 3 Common Retirement Remorses and What You Can Gain from Them

How a Power of Attorney and a Revocable Living Trust Work Together

If you have a Revocable Living Trust, you understand that it can work as an important incapacity planning tool. If you’re ever handicapped– through illness or injury– to the point that you can no longer manage your own financial affairs, your Special needs Trustee can step in and take control of your trust property. Nevertheless,…Continue reading How a Power of Attorney and a Revocable Living Trust Work Together