When you are young and healthy, drafting a will may not be at the top of your list of priorities. You would be remiss not to create one, however, as failing to do so may cause your loved ones unnecessary hardship. Per CNN Money, dying without a will, or dying...
Your Tomorrow
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Month: June 2020
How children benefit when their parents share custody
Sharing time with your child may not be your first choice, but when your son or daughter spends time living in the homes of both parents, it may lead to lifelong benefits. If that joint-custody arrangement was not your initial preference, understanding how it may...
Helping kids make the transition when their parents get divorced
The stress of divorce affects children; they may feel angry or hurt after learning their family is splitting apart. A parent who speaks negatively about a soon-to-be ex-spouse in front of the kids can complicate their adjusting to a post-divorce family situation....
Planning to avoid estate taxes
If asked, most people in Pompano Beach would likely say that the estate planning process simply involves detailing how they want their assets dispersed. Yet there is a whole other aspect that needs consideration: limiting an estate's liabilities. One works for...
Will I have to pay my spouse’s debt after a divorce?
Most people in America have some form of debt. This may be in the form of a credit card that they use and pay off every month, it may be in the form of a vehicle loan or lease or it may be in the form of a mortgage. Other people utilize unsecured loans to pay medical...
Understanding living wills and advance directives
If you are like many people in Florida, when you think about making an estate plan, your mind initially goes to outlining your wishes for who will inherit what assets from your estate. Certainly, this is an important part of estate planning, but it is far from the...