by Randy Coleman | Jan 12, 2020 | Beneficiary Designations, Estate Planning, Estate Planning Lawyer, Income Taxes, Individual Retirement Accounts, IRAs, Retirement Accounts, Retirement Planning, Revocable Living Trusts, ROTH IRAs, Stand Alone Retirement Account Trusts |
Why You Need to Act Now to Protect 1/3 of Your Retirement Accounts and Avoid the Negative Impact of the Secure Act! The Setting Every Community Up for Retirement Enhancement Act (from now on the “Secure Act”) became law effective January 1, 2020. You can’t change...
by Randy Coleman | Mar 18, 2018 | Asset Protection, Beneficiary Designations, Discretionary Trusts, Estate Planning, Florida Asset Protection, Guardian of a minor child, Guardianship, Irrevocable Trusts, Revocable Living Trusts, Spendthrift Trusts, Wills & Trusts Law |
Most parents want to make sure their children are provided for in the event something happens to them while the children are still minors. Grandparents, aunts, uncles, and good friends sometimes want to leave gifts to beloved young children too. Unfortunately, good...
by Randy Coleman | May 22, 2017 | Beneficiary Designations, Designation of Health Care Surrogate, Durable Power of Attorney, Estate Planning, Guardian of a minor child, Health Care Power of Attorney, Non-Traditional Family, Premarital Agreements, Tenancy by the Entireties, Titling of Assets, Uncategorized, Wills & Trusts Law |
Estate planning is the process of developing a strategy for the care and management of your estate if you become incapacitated and upon your death. One commonly known purpose of estate planning is to minimize taxes and costs, including taxes imposed on gifts, estates,...
by Randy Coleman | Jan 6, 2017 | Advance Directives in Florida, Beneficiary Designations, Designation of Health Care Surrogate, Disability Planning, Durable Power of Attorney, Health Care Power of Attorney, Intestacy, Joint Tenants with Right of Survivorship, Living Will, No Will, Personal Representative, Probate, Probate Law, Revocable Living Trusts, Tenancy by the Entireties, Trusts, Uncategorized, Wills & Trusts Law, Wills and Probate |
The beginning of a new year is a good time to take a look at your estate plan to make sure it is up to date. Less than half of people in the US actually have any estate planning documents in place and many of those people may have outdated documents. Documents that...
by Randy Coleman | Aug 2, 2016 | Asset Protection, Beneficiary Designations, Discretionary Trusts, Domestic Asset Protection Trusts, Estate Planning, Florida Asset Protection, Spendthrift Trusts, Trust Administration, Trusts, Uncategorized |
How to Protect Your Heirs and Your Legacy from Bad Decisions and Outside Influences Estate planning is an important and everlasting gift you can give your family. And setting up a smooth inheritance to protect your heirs isn’t as hard as you might think. –...
by Randy Coleman | May 22, 2016 | Beneficiary Designations, Estate Planning, Guardianship, Individual Retirement Accounts, Irrevocable Trusts, Life Estates, No Will, Probate, Retirement Accounts, Revocable Living Trusts, Uncategorized, Wills & Trusts Law, Wills and Probate |
What Are Beneficiary Designations or Transfer on Death Designations? Many people use beneficiary designations as an alternative to doing proper estate planning. Why not? It’s quick and easy! It avoids probate! It allows you to rest easy that you have provided...
