One of the most common, yet potentially harmful mistakes Florida residents can make when estate planning is not keeping their beneficiary designations up to date. Because a beneficiary designation takes precedence over a will, it is important for Floridians to review...
Month: December 2013
The importance of keeping estate planning documents current
One mistake that many Florida residents make in relation to their estate planning is not keeping these documents up-to-date. In particular, it is not uncommon for individuals to forget to update beneficiary designations. When someone opens an investment account or...
Based estate planning documents that individuals need
Florida residents might like to know that, according to information from RocketLawyer.com, half of people with children and 41 percent of individuals between the ages of 55 and 64 do not have a will. Without a will, it will be up to the state to determine how...
Estate planning basics
With more people retiring or relocating to Florida, fewer are taking the necessary steps to ensure their family's future with an estate plan. Though estate planning can be an essential part of setting up loved ones for a stable financial future, it is often difficult...
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