The loss of a loved one is an emotionally difficult time. It can be made much more complex for those who have been named estate administrator. For them, the job of locating and distributing assets and making their way through complicated legal processes can be...
Handling A Wide Variety Of Matters
Month: February 2020
Learn how to legally stash assets from Uncle Sam
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Feb 18, 2020 | Firm News
If you have avoided retirement planning because you don't want your assets to be taxed, you should know that there is a way to protect your assets and resources legally from the clutches of the government. These tips could also help you assist your elderly parents or...
Reasons people flee to Florida
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Feb 10, 2020 | Wills & Trusts
There are many reasons people move to Florida, including abundant sunshine, beaches and our lack of a state income tax. There are often news articles about high-net-worth people moving from states with relatively high state income taxes (New York, California, New...
How are assets and expenses handled during probate?
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Feb 8, 2020 | Firm News
The executor of an estate has many duties to complete during the probate process. One is making sure that the estate's bills are paid properly. To do this, you have to know what assets are handled in the probate case and which bypass probate. You also need to...
Survey: Rise of ‘gray divorce’ impacting estate planning
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Feb 6, 2020 | Wills & Trusts
The term “gray divorce” has become media shorthand for divorces among people who are age 50 and above. While divorce is declining across most age groups, it is rising among those in this older demographic.Along with greater life expectancy and rising healthcare costs,...
Three Rules to Avoid Litigation
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Feb 5, 2020 | Firm News
I can only think of a few clients who seek out litigation. Most clients try to avoid filing suit, on being sued by another party. The dislike for litigation is certainly understandable. There is a monetary expense, plus an expenditure of your personal and business...
Special needs trusts help to protect your loved ones
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Feb 4, 2020 | Firm News
People who have a loved one with special needs might want to do something to help that family member out. While it might sound easy to give them money or to name them as a beneficiary in an estate plan, there are times that this isn't appropriate.Some individuals who...
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