Virtually no one mourned Charles Manson when he died late last year at age 83. The cult leader who was convicted of murder back in 1971 and spent the rest of life in prison.
Do you need to worry about a no contest will clause in Florida?
When your aging loved ones pass away, there are many things to occupy your mind. There's the grief of losing someone you care for, as well as all the practical aspects of handling an estate. Sometimes, there's also the shock of realizing that a parent, grandparent or other family member altered his or her will in one's last days, reducing or eliminating the inheritance for family members.
A good estate plan will keep your family together
The larger your estate and the larger your family, the more likely your asset distribution plan will end up in dispute after your death. For this reason, Florida residents with significant assets and diverse families should build a water tight estate plan -- one that doesn't leave any room for family disagreements to get in the way.
Where there’s no will, Florida law has its way
When a person sits down with their estate planning attorney to draft a will, there are often many factors to consider. The factor that comes first to mind for many of us is that a will enables us to decide who will get what. That is, a will tells the state which beneficiary will get certain assets from your estate.
Planning for the unavoidable (death and taxes)
They say that the only things certain in this life are death and taxes. Of course, with an Individual Retirement Account, you can put money away tax-free to build a nest egg. The money in an IRA can be passed on to heirs as well, growing for them as it grew for you.
4 tips to help avoid inheritance fights among your children
Parents often feel like they spend much of childhood trying to keep their kids from fighting, encouraging them to just get along. Unfortunately, that does not always end when childhood ends. In fact, many siblings will fight over the estate after their parents pass away.
