Category Archives: Estate Planning
Don’t Call It Swedish Death Cleaning, But Decluttering Is An Important Step In Your Estate Plan
The clickbait mongers of the world would have you believe that in Sweden, where the grass is somehow always greener, even in the months of the year where the daylight hours do not amount to four hours, people are so much at peace with death that they clear their houses of clutter while they… Read More »
How To Disinherit Your Children
According to Florida law, the probate courts must follow the instructions in a legally valid will admitted to probate. Except for surviving spouses claiming an elective spousal share, disinherited family members cannot override the testator’s wishes except by proving that the will is legally invalid. This means that it is possible to disinherit your… Read More »
Can Your Irrevocable Trust Sell Your House?
Revocable trusts are great for indecisive people, but only irrevocable trusts are capable of conveying the full benefits of trusts while you are alive. When you establish a revocable trust, the property in the trust still legally belongs to you, and you are still responsible for paying taxes on it; a revocable trust only… Read More »
Letter Of Wishes: The Most Underrated Estate Planning Document
When you make your estate plan, your main motivations are love for your family and concern for their wellbeing. This is why you have frank discussions with your doctors about what might go wrong with your health in the future and what the treatment options are, and you list your instructions in a healthcare… Read More »
Life Is More Expensive For Single Seniors
In some ways, being single is awesome; every happily divorced person or confirmed bachelor will tell you this. There is no one to find fault with your taste in food or entertainment or your state of cleanliness. Despite this, loneliness is terrible for you. It is possible for unmarried people to be socially connected… Read More »
The Art Of Crashing Your Own Bucket List After Party
Estate planning, when you take it seriously, is an exercise in figuring out what matters the most to you and also in realizing how little control you have over what other people do, especially when you are no longer around to voice your displeasure or to dangle incentives in front of them. In your… Read More »
Your 401(k) Account Is The Gift That Keeps On Giving
It is easy to find online content about leaving your boring job behind and living a life of adventure as an entrepreneur or a digital nomad, but you would be wise to regard this content as idle escapism. If you have a 401(k) account, then you will have the last laugh, or most likely,… Read More »
Estate Planning For Lonely People
Loneliness kills, but what happens after lonely people die? If you are close with some members of your family but estranged from others, you have one set of concerns at the forefront of your mind as you build your estate plan. If you love all your children equally, but some of them are demonstrably… Read More »
Is Florida A Tax-Free Paradise For Retirees?
There are plenty of things to fear in Florida. The Sunshine State has the largest alligator population in the U.S. It is also home to our nation’s only native population of crocodiles; the range of the American crocodile extends to the southernmost parts of Florida. Even if you are prudent enough to avoid crocodilians… Read More »
What Do Disgruntled Medieval Knights Have To Do With Your Estate Plan?
If you doubt that law school is the obvious destination for history majors, consider how many legal principles have an obvious, or untold, historical background. It is more than just the abundance of Latin terms. Judges still write about “tipsy coachman” arguments, even though it has been over a century since a coachman drove… Read More »
