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What is a Trust?
A trust is a legal creation set up to benefit someone or something. For example, some people set up trusts to benefit their children, their grandchildren, or even charities. It is easiest to understand if you think about three separate people being involved. One person, called the grantor, funds the trust somehow, by placing money […]
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4 Estate Planning Must Haves for Un-Married Couples
Estate planning is often considered something you only need to worry about once you get married. But the reality is every adult, regardless of age, income level, or marital status, needs to have some fundamental planning strategies in place if you want to keep the people you love out of court and out of conflict. […]
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Trusts for Minors: Lifetime Protection
When clients are in our plan design sessions, we discuss how to protect children and the assets left for them from creditors, bankruptcy, divorce, and lawsuits. While Florida law prohibits us from creating these asset protection trusts for ourselves, we can provide this type of protection for other loved ones. To work with us to […]
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Are you telling yourself sabotaging stories?
“I’ll do estate planning next year.” “I’ll plan for my estate and incapacitation when I have X amount of dollars in the bank.” “We are too young to have to worry about estate planning.” “I’m healthy, why should I worry about incapacitation?” “We don’t have enough assets to worry about estate planning.” “I’m married so […]
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Trust Planning – Why it Works and How it Differs
Why Putting Your Family Home In A Trust Is A Smart Move If you are like many homeowners, your home is likely your family’s most valuable and treasured asset. In light of this, you want to plan wisely to ensure your home will pass to your heirs in the most efficient and safe manner possible […]
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Business Owners DESERVE a better Estate Plan than Florida Statute
That’s right. To pass along those assets you’ve created, nurtured, and grown, the default estate plan requires your family to sue itself, your business and surviving partners, and your creditors. Which parties do you think get the best treatment? Its not your family, its not your business partners…its your creditors. You owe it to yourself and […]
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Protect Your Children’s Inheritance…
As a parent, you’re likely hoping to leave your children an inheritance. In fact, doing so may be one of the primary factors motivating your life’s work. But without taking the proper precautions, the wealth you pass on is at serious risk of being accidentally lost or squandered due to common life events, such as […]