5 reasons you should have an estate plan
As a retiree living in South Florida, the last thing you probably want to think about is making estate plan preparations. While it may seem uncomfortable at first, coming up with a plan is important.
As a retiree living in South Florida, the last thing you probably want to think about is making estate plan preparations. While it may seem uncomfortable at first, coming up with a plan is important.
You may think that wills are only for the elderly. But every family should have a will in place, especially families with children.
An estate plan is a large, complex thing that takes many years to create and maintain. A personal representative will typically handle nearly all matters tied to it after your death.
It is not uncommon for one spouse to earn less income than another. When this is the case for a divorcing couple, the courts sometimes award alimony payments to the spouse with a lower-income level.
Divorce is difficult for everyone, but it does not need to be excessively stressful for couples whose decision to split is mutual.
If you co-own a business with your spouse, this can make divorce proceedings much more difficult. However, an accurate business valuation will help to alleviate the tension and provide a fairer arrangement.