What is a lady bird deed?
The lady bird deed, also known as enhanced life estate deed, is a legal process of transferring real property to a named beneficiary, called a remainder, and avoids probate. As the current property owner also called the life tenant and grantor, you will still maintain full control and use of the property during your lifetime. […]
What are the different options for retirement accounts?
Retirement is something that we all look forward to, but sometimes we are not sure where and how to begin. Understanding the different types of plans will be key to deciding the best option. Each retirement plan has different rules, contribution limits, and tax advantages. Below are important key facts about the 5 most common […]
Estate Planning for college students!
Packing for College? Don’t forget the power of attorney and health care directive! Your little boy or girl is no longer a child; they are now legally young adults heading to college. How exciting but also worrisome! As young adults, they will be legally entitled to manage their affairs, and in turn you as the […]
Financial Information Is NOT Financial Advice!
Financial education is an important part of an individual wealth-building journey; however, financial information is often misinterpreted for advice. A simple search on google on investment or finance will result in an endless source of information, but which source is the best, accurate or specific to your goals and needs? How often do you find […]
Is my Will still valid in Florida?
It depends. The general rule is that in Florida, any out-of-state Will is valid as long as it complies with the laws of the state in which it was drafted and executed. Therefore, if the Will was valid in the previous state, it will most likely be valid in Florida and enforceable. However, not […]
Incapacity and Death: The basics of estate planning
Estate planning involves a lot of layers, but it shouldn’t be complicated. The simplest way to put it, your estate planning at the bare minimum should plan for incapacity and death. So the question becomes, when is the “right†time for estate planning? Let’s get rid of the misconception that you must have assets or […]
Why Hire a Licensed Financial Advisor?
Financial planning can be overwhelming. Whether it is figuring out educational plans for your children, planning for retirement, and learning how to better manage your finances; having a trusted guide can help ease the worries. Working with a licensed financial advisor has endless benefits, but some are worth mentioning and discussing. 1. No general advice or […]
