Tagged: estate administration
November 28, 2012
…Financial experts are now saying that it may be a good time for people to consider planning their estates if they have not done so yet. Estate planning laws are currently ideal for asset protection and transferring wealth while avoiding taxation. Business owners in Florida who are near the end of their lives and are looking to pass their assets on to their heirs may want to act quickly in order to take advantage of the 2012 rules.
November 19, 2012
…Most people plan their estates with their family and close friends in mind. They want to make sure their loved ones are taken care of. However, one ‘loved one’ which is commonly overlooked during estate planning in Florida and elsewhere is the family pet. With the onset of the recent Hurricane Sandy, many people have been forced to think about what to do with their family pets in the case of a disaster or accident.
March 16, 2012
…More than half of all Florida residents possess a Facebook, blog or other type of social media account. It’s where friends share photos, memories and sometimes, private information. But what happens when a user passes away?
Lawmakers and attorneys in at least two states are considering proposals that would make Facebook and other social network contents part of a decedent’s digital estate.
February 28, 2012
…After her father suffered a debilitating stroke at age 62, a 33-year-old estate planning attorney tried to gain access to his business computer but none of the passwords she used were successful. The father had not left a list of his passwords with anyone and he used his personal email account to help run his building supply company.
December 20, 2011
…When it comes to estate planning in contemplation of that journey everyone must take, it is as important to think about estate administration which will occur after you have gone. Determining where your assets will go and on what terms is not the only consideration that needs to be made. Especially for wealthier individuals, the estate does not simply get divided after your death.