Many Florida residents do not think they are old enough to worry about estate planning. Surprisingly, nearly 80 percent of aging Americans do not even consider themselves “old” until they reach age 80. Although we are living longer, more fulfilling and more exuberant lives, it is important to remember that you must have a plan to distribute estate assets as you reach your later years. Although you may have a very basic estate plan that includes a will, additional measures may be needed to ensure that your property is properly distributed after your death.
Different types of accounts require different paperwork to be included in an estate plan. Everyone who holds a traditional non-pension taxable [..]