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Aventura Corporate Center
20801 Biscayne Boulevard
Suite 400
Miami, FL 33180

305-932-2293 Miami-Dade County
954-760-7077 Broward County

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December 2012 Archives

Estate planning can benefit those without surviving family

There are an increasing number of residents in Florida that do not have any surviving family. In recent decades, more couples are deciding that children are not right for them as they find fulfillment through other outlets in life. Others choose not to marry. In some situations, at the end of life when an individual does not have surviving family, it may seem unclear where that individual's assets will go after their passing.

Well-defined plans necessary for business succession

You have toiled for years to build your business. You plan to retire in a lovely Florida area, then hand the business over to the children who have worked alongside you to make it what it is. If this plan is not put down on paper and made legal as part of your estate, all plans could go awry if you die before you retire.

In estate planning, consider the 'estate.'

Most Florida residents know that in estate planning, transferring cash and securities from financial accounts to a beneficiary isn't very difficult. The transactions usually don't require probate. For example, estate holders can list beneficiaries on brokerage accounts, bank accounts and trust accounts. Upon death, the assets will be turned over to the beneficiary.