On behalf of Reed Law | Nov 30, 2020 | Estate Planning
Across the state of Florida and in many states throughout the country, the burden of having to pay heavy taxes on an estate plan has been reduced or eliminated altogether. This has lead many married couples to decide to simply combine their assets into a joint trust,...
On behalf of Reed Law | Oct 27, 2020 | Estate Planning
In recent years, older people in Florida have been divorcing more than ever before. This phenomenon has also led to an increase in the number of remarriages among seniors. It’s important for couples to revisit their estate plans when preparing for marriage....
On behalf of Reed Law | Oct 21, 2020 | Estate Planning
A growing number of people in Florida are deciding to remarry later in life, especially as “gray divorce” becomes more common and people live longer, healthier lives. If you are planning to remarry in your senior years, it may be important to keep your...
On behalf of Reed Law | Oct 14, 2020 | Estate Planning
Many Florida families and heads of households have significant assets that they want to protect for future beneficiaries and heirs. Two very effective tools help you to do just that: the living trust and the last will and testament. Here is how they work. Trusts...
On behalf of Reed Law | Sep 28, 2020 | Estate Planning
People in Florida should know that estate planning can be tough on their families. Whenever someone has things to leave to his or her loved ones, there’s a chance that someone will be hurt or feel left out. This can be especially difficult to deal with when...
On behalf of Reed Law | Sep 15, 2020 | Estate Planning
Amending a revocable trust in the state of Florida is a fairly straightforward process. However, it must be executed properly to be valid. Obtain a copy of your current trust document First, review the most recent copy of your trust document. In Florida, the amendment...
On behalf of Reed Law | Sep 4, 2020 | Estate Planning
It is estimated that at least half of adults living in Florida and elsewhere in America don’t have a will. A will is a legal document that allows you to dictate where assets go or who will care for a minor child after you pass. Generally speaking, you should...
On behalf of Reed Law | Aug 21, 2020 | Estate Planning
A physician could spend a great deal of his or her life building up a practice. Throughout the years of providing services in Florida, a physician might amass considerable wealth and assets. Therefore, proper estate planning is advisable. Thorough planning could...
On behalf of Reed Law | Aug 11, 2020 | Estate Planning
Passing away in the United States has become expensive. Not only are funeral-related costs rising, but so are the taxes. For those with a larger estate, the surviving family members simply receive less wealth. Those with a smaller estate, though, end up passing on the...
On behalf of Reed Law | Aug 7, 2020 | Estate Planning
A trust is used as a component of an estate plan to minimize estate taxes. It is a fiduciary arrangement that entrusts a third party, family member or trustee to hold the individual’s assets. A special needs trust operates in the same manner. The difference is...
