Experts say there are common mistakes to avoid when buying a used car (for instance, don’t shop at just one dealership), a home (buying more house than you can afford) and a business (buying a company that isn’t suited to your skill set).
Protecting digital assets and family with estate planning tools
Most of us understand that a will or trust can determine where your physical property goes when you die. With those estate planning tools, you can decide how assets such as a house, vehicles, furnishings, a vacation home, a business and much more will be divided and distributed after you pass on.
The many benefits of a living trust: Should you take advantage?
Creating a living trust is a personal decision based on your beliefs, finances and what you want to happen to your assets upon your death. While this isn't the only estate planning tool you'll use, it's one of the most popular.
Legal tools useful for protecting your college-bound child
We have a couple of fine institutions of higher learning here in Brevard County: Eastern Florida State College and Florida Institute of Technology. While both schools will be welcoming new students after the summer ends, a lot of families will opt to send their students outside of the county or even outside of Florida.
Electronic witnessing of trusts, wills comes to Florida
Florida Gov. Ron DeSantis recently signed a 78-page bill that allows for remote notarization and witnessing of legal documents. While many in the real estate world are excited about this advance that will likely making closings easier to arrange, the new law also brings changes to the world of estate planning.
Spendthrift trusts: Whom do they benefit?
Some Florida residents with adult children struggle with making estate-planning decisions. For them, it's more than deciding who gets the antique gun collection and the life insurance benefits.
DIY: perils of doing estate planning yourself
Some jobs simply call for expertise: complex plumbing repairs, baking a wedding cake and surgery. In all three cases, the odds are with the person who hires an expert to ensure that the pipes, cake or stitches are as functional and beautiful as possible.
