Category Archives: Orlando Estate Planning Lawyer
For A Stress-Free Retirement, Focus Your Efforts On Debt Repayment Now
Hurricane shutters are expensive. Another cockroach crawled under the door? Not another hole in the patio screen! And don’t even get started talking about the mortgage payments! Home ownership has plenty of hassles, but for the annoyance your house causes you, there are dozens of people who can only wish that they had that… Read More »
How To Ditch Your Parent PLUS Loans Before Retirement
Parent PLUS loans are the enemy of your estate plan. If you are thinking about taking out a Parent PLUS loan to fund your child’s college or postgraduate education, don’t do it. Of course, this advice does not help you if you have already borrowed one and are now responsible for paying it back. … Read More »
Think Twice Before Merging Your Finances With Your Children
The market is flooded with advice books about caring for your children during their first years of life, but the advice industry is frustratingly silent about the best ways to have a healthy relationship with your children when they are adults. Books, websites, and podcasts bombard you with information about the best ways to… Read More »
Retirement Income For The 99 Percent
The gig economy is not just for young people; cushy jobs have become a thing of the past, and cushy pensions and employer-provided retirement account contributions are even harder to find among the most recent cohort of people to find themselves added to the AARP’s mailing list. Life keeps getting more expensive, so how… Read More »
Estate Planning For Millennials Who Value Experiences Over Stuff And Friendship Over DNA
You’ve heard all the stereotypes about millennials. Millennials value experiences over stuff, and they certainly can’t be bothered with frivolous purchases like the disposable dinner napkin. Financially, millennials are screwed; most of them will never own a house. Millennials have the lowest birth rate in U.S. history, whether because diaper duty is a less… Read More »
Is Collecting Sports Memorabilia a Substitute for Estate Planning?
In the world of estate planning, conventional wisdom says that your family members do not want to inherit an uncategorized pile of your personal property. In fact, the legal term “personal property,” which refers to all physical objects you own that are not real estate, might as well just be a euphemism for clutter. … Read More »
Four Retirement Questions to Ask Yourself in Your 50s
If you make a first visit to an estate planning lawyer when you are in your 50s, the lawyer might tell you that it is impossible to make a satisfactory estate plan without first thinking about how you plan to manage for finances during retirement. This is what estate planning lawyers mean when we… Read More »
The Statute of Limitations for Filing Claims Against the Estate of a Deceased Person
If you know that a relative has left you X percent of their estate in their will, you might start seeing dollar signs, but don’t get too excited yet. X percent of the wealth the person owns while they are alive does not equal X percent of what will be left by the time… Read More »
Advantages of Holding Property in Trust
Setting up a trust for children or grandchildren is a common practice. After all, there are times when parents want to set up parameters for the inheritance of their adult children. This could be because they worry their child will use their inheritance on unhealthy habits or that the spouse of their child will… Read More »
The Annual Gift Tax Exclusion Can Shed Some Holiday Cheer on Your Estate Planning Process
When your children were little, the holidays were a time of unbridled excitement. What could be more fun than watching your children discover previously unseen details in the holiday décor, tear open the wrapping paper on their presents, and stuff their faces with candy canes and gingerbread cookies? Now that they are adults, the… Read More »