Changes to Make to Your Estate Plan After a Divorce

Category Archives: Estate Planning

Changes to Make to Your Estate Plan After a Divorce

As you are going through a divorce, there’s no shortage of issues you need to sort out in the short term. However, it’s also important that you consider the impact your change in life circumstances will have on your estate plan, if you have one already established. The following are several actions to take after […]

Charitable Giving as Part of Your Tax Planning Strategy

There are many reasons why it can be beneficial to give back to your community and those in need. Even beyond the altruistic, moral nature of the act, however, there are many financial and tax benefits of making charitable donations, as well. Your ability to donate to charitable organizations depends on your financial circumstances, but […]

Estate Tax Planning on Hold with Incoming Administration

With a new administration taking office in Washington, D.C., there is a lot of uncertainty as to what the future holds related to the federal estate tax. As a result, many people are taking a wait-and-see approach to their estate planning until there is more clarity on what they can expect moving forward. President-Elect Donald […]

Florida Chief Justice Orders Study on Guardianships

For several years, the guardianship system in Florida has been the subject of much criticism and debate. Now, Chief Justice Jorge Labarga of the state Supreme Court has announced that appointed members of a special task force will investigate these growing concerns. The news comes right as the state is attempting to establish regulatory authority […]

Estate Planning for Newlyweds: Important Tips

If you’ve recently been married, estate planning may be the last thing on your mind. However, marriage is a major life change, and it’s worth putting some thought into how your new legal and financial relationship will impact your plans for the future. The following are some quick tips to help you and your new […]

Know the Truth: These Estate Planning Myths Could Cost You

As you likely know, estate planning is an important process that allows you to maintain control over how you will pass on your assets and property to your beneficiaries. However, there are many myths and misconceptions surrounding this process, leading to a number of common mistakes. The following are some of the most common estate […]

Estate Planning Tasks You Should Definitely Stop Putting Off

There are many reasons why so many people procrastinate when it comes to addressing their estate plans. They might not want to think about their death and may feel that they have plenty of time to left to take care of it. However, there are certain estate planning tasks that we should focus on getting […]

Common Signs You Need to Revise Your Estate Plan

Just because you have an estate plan established does not necessarily mean it will always best protect your interests and your wealth. As time goes on, you should regularly look at and revise your estate plan, if necessary, to ensure it will create a smooth transition of your assets after your passing and that it […]

Half of Americans Wrongly Think Estate Planning is Only for the Rich

According to WealthCounsel’s recently released Estate Planning Awareness Survey, nearly half of Americans (47 percent) believe estate planning is a tool only meant for the ultra-wealthy. This common misconception means there are potentially millions of people across the country who have not properly planned for the future simply because they don’t feel they need to […]

How to Speak to Your Parents About Estate Planning

It’s difficult for anyone confront his or her own mortality. It’s why having a discussion with your parents about getting their estate plans in order can be so difficult. We don’t want to admit that those we love will someday no longer be with us, and yet it’s important to confront this reality so our […]