For many seniors, retirement is a time of relaxation and having opportunities to explore their interests and the world. But before making the transition into retirement, there are some questions [...]
A first-party supplemental needs trust is created to allow disabled persons to receive the benefit of their funds in a trust while still qualifying for and receiving government benefits. An [...]
The U.S. Supreme Court rulings in the 2013 Windsor v. U.S. and the 2015 Obergefell v. Hodges cases resulted in changes for same-sex couples in areas such as estate planning and tax filing. It is [...]
In 2015, Congress passed the Bipartisan Budget Act of 2015 which put an end to Social Security strategies that allowed couples to grow their spousal benefits. The two strategies “file and [...]
In the last few blogs, we discussed the process of finding and claiming lost property. However, there are safeguards and steps to follow in order to prevent your property from getting lost. [...]
To claim lost property, go to your state’s unclaimed property administrator’s office. There you will find the proper instructions and forms. If you are a Florida resident, go to [...]
Companies and financial institutions are required under law to returns the money from abandoned accounts to the state of the owner’s last address. To find missing funds, you could begin your [...]
Unclaimed properties are the assets in accounts that have remained inactive for more than a year. This unclaimed property includes assets in checking and savings accounts, stocks, dividends, [...]
While it is common for people to put valuable assets in their living trusts, there is a long list of property that is usually excluded from trusts. Property of Little Value Property of [...]
Unlike a testamentary trust, which is set up in a will and takes effect after someone’s death, a living trust is established and funded during one’s lifetime. A revocable trust can also be [...]
