Orlando Estate & Elder Law

Entertainer Prince’s Estate Battle May Take Decades to Resolve

Three years later and the “Purple Rain’s” estate remains as unsettled as it was on the day he died in his beloved Paisley Park mansion, located just outside of Minneapolis, says the New York Post’s Page Six in the article “Fight over Prince’s $200 M estate could go on for years.”

The estate, which includes a 10,000 square foot Caribbean villa in addition to Paisley Park and master tapes of his has been estimated by some to be worth in the neighborhood of $200 million. But what will be left after all the battles between heirs and the consultants (whose fees are adding up)?

The heirs are now in a court-battle with the estate’s administrator, which has already blown through $45 million in administrative expenses. That’s from a probate-court petition filed by Prince’s heirs. They’ve asked the court for a transition plan and a new administrator, which is scheduled for the end of June.

One observer noted that this estate may take decades to resolve all because there was no will.

A judge had to determine who Prince’s heirs were. More than 45 people stepped up to claim inheritance rights when the Purple One died in 2016. Some said they were wives others said they were siblings and one said he was the artist’s son. DNA testing debunked that claim.

The list of heirs has been narrowed down to six: his full sister, Tyka Nelson, and half siblings Norrine Nelson, Sharon Nelson, John Nelson, Alfred Jackson and Omarr Baker.

Until fairly recently, the heirs were divided and quarrelling among themselves. For now, they have come together to challenge the court appointed bank that became the estate’s administrator, Comerica. The estate was being run by Bremer Trust at first but that was a temporary appointment.

The statement said they don’t agree with Comerica’s cash flow projections, accounting, or inventory of estate assets. They also claim that Comerica is not being responsive to their concerns. What is even worse, they say that Comerica is the reason that the estate is $31 million behind on estate taxes, which are continuing to accumulate interest.

The company stated that it was the best possible administrator of the estate and insisted it is making all tax payments necessary to settle the estate.

Everyone needs to have a will (even with a small estate) so that heirs are not left battling over assets. While Prince may have thought of himself as too young to die, a will and a plan for his estate would have preserved his assets for his heirs and let him determine what happens to his music and his artistic legacy.

For more information about estate planning in Orlando, FL (and throughout the rest of Central Florida), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.

Reference: New York Post’s Page Six (April 19, 2019) “Fight over Prince’s $200 M estate could go on for years.”

Don’t Make These Estate Planning Basic Mistakes

Yes, death is the ultimate grim topic. However, it is an important one to discuss with your loved ones and your estate planning attorney. If you don’t have an estate plan in place and one that is done correctly, you may doom your family to spending years and more money than you’d want on court proceedings and legal fees to settle your estate. You can prevent all this by creating an estate plan with a qualified estate planning attorney. It is really that simple, says The San Diego Union-Tribune in the article “6 estate-planning mistakes to avoid.”

Even attorneys run into problems with their family estate plans. One attorney was devastated when her mother was diagnosed with Alzheimer’s disease. As the mounting costs continued for 10 years and tragedy struck again when her two older brothers died just before her mother passed away she learned first hand just how important having a plan in place can be for the family. Without a plan, everything is more challenging and costly. Here are the top six mistakes that people make:

Not having a plan. No one wants to think about death, dying or incapacity, especially when they are relatively young and healthy. However, that is the best time to put a plan in place. Start by making sure you have powers of attorney for both health care and finances. Otherwise, you risk having the court making decisions on your behalf, instead of a trusted family member.

Not communicating your plan or wishes. Make sure that your loved ones know what your plan is. The people who have been chosen as your financial power of attorney and health care power of attorney need to know that they have been named and what your wishes are. Having a plan is step one. Communicating its wishes and its location is step two. Miss one step and the plan is worthless.

Doing estate planning only with taxes in mind. A comprehensive estate plan addresses much more than tax planning. It includes charitable giving, planning for a family member with special needs, succession planning, planning for children from a prior marriage, planning for your pets and more.

Leaving assets directly to minors. Giving assets to a minor will lead to the necessity of the court appointing a custodian or guardian, if one is not named in your will. There may be problems with a court-appointed guardian who may have a different idea of how the money should be used not to mention associated costs.

Neglecting to update how assets are titled. Today’s family often means a blended family. Therefore, how assets are titled can have a big impact. If one spouse purchased a home long before the second spouse and their children joined the household, who inherits the house? There are tax consequences and control issues that arise in a blended family that requires advance planning and a lot of communication. In community property states, this can become particularly messy.

Failing to fund or update trusts. If a trust is not funded, it will not achieve its desired outcome. Assets that are not retitled when trusts are created will not avoid probate. These are the details that make or break an estate plan.

Estate planning is like home maintenance — it’s never truly done. As you go through life, the estate plan needs to be kept current. The death of a spouse or a child, divorce, or birth, are all reasons to update the estate plan. Tax laws also change and an estate plan that worked great five years ago, may not take advantage of missed opportunities that are available today.

For more information about estate planning in Orlando, FL (and throughout the rest of Central Florida), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.

Reference: The San Diego Union-Tribune (April 18, 2019) “6 estate-planning mistakes to avoid”

When is it Time to Take Over Parent’s Finances?

Losing the independence that comes with being able to drive is often followed by the realization that parents can no longer be entrusted with their own finances. This is a difficult issue because the parents of Baby Boomer kids are the “Greatest Generation.” As a general rule, they were and are extremely private about finances. The steps to take are outlined in this article, “Here’s how to know when it’s time to take control of your parent’s finances,” from Considerable.

The tricky part is figuring out the timing. If it is done too early, you’ll be battling with your parents. Conversely, if it is done too late,  major financial damage may be done.

Keep your eyes open for signs that your parents are not able to maintain their responsibilities. That includes changes in their behavior, misplacing things and not being able to locate them, or making too many trips to the bank for reasons that they can’t or won’t explain. Another clue: purchasing things they never bought before. You may notice paperwork piling up on a desk that used to be tidy and organized.

One woman didn’t realize that her mother was being scammed until she had sent more than $100,000 to scammers. Elderly financial abuse is pervasive and the Senate Special Committee on Aging estimates that elderly Americans lose some $3 billion annually to financial scammers.

One elderly woman suffering from dementia forgot to pay her long-term care insurance premiums and lost the coverage. The company had sent five notices but she was not able to manage her finances.

Even those who have close relationships with their parents and their daily events can have slip ups. Often the children don’t step in until the parent has a health crisis and then it becomes clear that things have not been right for a while. If one parent is overwhelmed by taking care of their spouse, an otherwise organized person may become prone to making mistakes.

The earlier children can become involved the better. Children should ideally become involved with their parents while they are still healthy and able to communicate the necessary information about their financial lives. If the family waits until illness strikes or dementia becomes apparent, there may be significant and irreversible damage done to the parent’s finances like the woman who lost her long-term health care coverage. There are some instances where the court need to become involved, if the parents are not able or willing to let the children help.

An elder law attorney will be able to help the family as they transition the parents away from being in charge of their own finances. It’s not always an easy process but becomes necessary.

For more information about estate planning in Orlando, FL (and throughout the rest of Central Florida), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.

Reference: Considerable (April 18, 2019) “Here’s how to know when it’s time to take control of your parent’s finances”

An Estate Plan Directs Assets According to Your Wishes

Anyone who has any assets they want distributed should have an estate plan regardless of the size of their estate. Having a will and an estate plan created by an experienced attorney is the easiest place to start, says the Observer-Reporter in the article “Set up an estate plan so your assets go where you want.” Without a will, the state will decide what happens to your assets and it may not be what you wanted.

If your will was done more than four years ago and was never updated, it may lead to some unwanted results. If people you named as beneficiaries or executors have died, or if there were divorces in your family, these are examples of changes that should be addressed in the estate plan.

Many people don’t know that insurance policies, annuities, 401(k), or IRA accounts that have a designated beneficiary are going to the designated beneficiary, regardless of what is in the will. If the will says everything in the estate should be divided equally between children but one child was named the beneficiary on the life insurance policy, then only the named child will inherit the insurance policy.

Another part of an estate plan that is needed to ensure that your wishes are followed is a financial power of attorney and a health care power of attorney. The financial power of attorney gives the person you name the legal ability to make financial decisions for you, if you are incapacitated. The health care power of attorney, similarly, gives the person you name the power to make health care decisions for you if you cannot do so for yourself. A living will is another part of planning for incapacity that is a part of a comprehensive estate plan. The living will lets your wishes for end of life care be known to others.

Assets that pass to heirs through beneficiary designations do not go through the probate process. However, assets distributed through your will do so. Probate administration of an estate takes some time to complete, depending upon where you live. In some states, probate is more involved and time consuming than in others.

Another reason why people like to avoid probate is that documents, including your will, are filed with the court and become part of the public record. That’s why many people who lose a family member find themselves receiving direct mail and phone calls about buying insurance policy or selling their home.

There are ways to minimize the number of assets that pass through probate, which your estate planning attorney will be able to explain. Trusts are used for this purpose. There are a variety of trusts that can be used depending upon your circumstances. Some are used to protect inheritances, if a person has an opiate addiction or cannot manage her own affairs. Others are used so individuals with special needs do not receive inheritances that would make them ineligible for government benefits.

An estate planning attorney can advise you in creating an estate plan that fits your unique circumstances.

For more information about estate planning in Orlando, FL (and throughout the rest of Central Florida), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.

Reference: Observer-Reporter (April 19, 2019) “Set up an estate plan so your assets go where you want”

Here’s Why You Need a Health Care Directive

Advance health care planning comes into play if a person becomes incapacitated, whether that status is permanent or temporary. This is part of a comprehensive estate plan and why you’ll want to take care of this before something occurs. That’s the recommendation from the McPherson Sentinel article “Advance health care directives important to all adults.”

Documenting your wishes about future health care lets a cognitively healthy person express their wishes with a clear perspective. Unfortunately, only one in four American adults has their advance health care directive in place. Many wait to begin the planning process until they are in their 50s or 60s. The problem is, life doesn’t have a plan. At any time in life, tragedy can strike. A serious illness or an accident can occur and leave the family wondering what the person would have wanted.

The most common advance directives including a durable power of attorney for health care, living will and pre-hospital do not resuscitate directive, known also as a “DNR.”

The durable power of attorney for health care allows you to name a person to make medical decisions for you, in the event you cannot. They are also referred to as a “medical power of attorney” or “health care agent.”

This is different than a durable power of attorney, which gives a person the right to act as another person’s agent and conduct all business and financial matters on their behalf.

It’s very important that the people you name to fulfill these roles are told that they have been named. They need to fully understand what your wishes are, what kinds of treatments are and are not acceptable for you, your preferences for doctors and where you would like the treatment to take place.

If you live in a small rural town that does not have specialists and there is a hospital nearby that offers excellent care, your durable power of attorney for health care can include your wish to be taken to the hospital to receive more specialized care.

The person selected will need to be trustworthy and have the ability and willingness to communicate your wishes even if family members don’t agree with your choices. They will need to follow your wishes even if they are not the same as their own.

Keep family dynamics in mind. If a younger sibling is selected to be your health care agent and they have been dominated throughout their life by an older sibling, will your wishes be honored or will they become the subject of an extended argument?

A living will is a document that details the type of care you want to receive at the end of life. It explains your wishes about accepting life-sustaining procedures, like being placed on a ventilator, receiving artificial nutrition and hydration, if at least two physicians deem that your condition would otherwise be terminal.

These documents should be prepared for you as part of your overall estate plan with the guidance of an estate planning attorney. Be aware that the laws vary from state to state, so you’ll want to work with an attorney who knows your state’s laws. If you relocate to another state, you will need to have your estate plan updated to ensure that it is still valid.

Finally, make sure to tell several people about these documents and have the health care documents located in a place where they can be easily found in an emergency. If you keep them in a bank safe deposit box, it is unlikely that they will be found in a time of crisis.

For more information about estate planning in Orlando, FL (and throughout the rest of Central Florida), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.

Reference: McPherson Sentinel (April 17, 2019) “Advance health care directives important to all adults”

Single? Female? Here’s What You Need to Know about Retirement Planning

Retirement is a challenge for single women. Their retirement savings tends to be lower than married, or even widowed women. Married women may face a steep decline in income when their spouses die, says Barron’s in the article “The Single Woman’s Guide to Retirement Planning.” However, their single peers don’t have the opportunity to inherit a partner’s assets and spousal benefits from Social Security. Single women also face unique challenges related to higher costs for both retirement living and long-term care.

Most retirement advice is geared toward couples. There needs to be a different plan for singles because no one is going to save with them. They need to save and plan more.

Retirement security for Gen Xers was the topic of a study from the Employee Benefit Research Institute. This is the generation that was born between 1961-1981. The study found that only in one group of Gen Xers — single women — were 50% at risk of not having enough money to cover retirement basics. The average expected shortfall was as high as $73,000. That’s twice the estimated average shortfall for single men and more than triple that of widows. The gap continues into the highest income levels.

Americans are staying single longer and marriage rates are declining. Those trends and the relatively new phenomenon of “gray divorce” points to more women facing this scenario in the near and distant future. A little more than half of millennials have never been married. When today’s older retirees were the age of today’s millennials, they were mostly married — only 17% were single.

Because the risk of running out of funds is higher for women, some advisors favor a more conservative approach with lower expected returns on an investment portfolio. Add to that, the fact that women provide much of the caregiving to others and afterwards end up having to look after themselves. Perhaps that’s why so many occupants of nursing homes are women.

Advisors to women also recommend that they purchase insurance to help with the cost of long-term care. The first phase tends to come from family members. However, if you don’t have children or family living nearby, you have to be more careful about planning for long-term care costs.

About two thirds of people living alone at home over age 85 are women, according to a 2017 study from the Society of Actuaries. Living at home brings its own challenges and costs. Advisors tell single women that they should consider continuing-care retirement housing earlier than married couples. Having access to a full spectrum of care earlier in life enables residents to create a community of care and a safety net while they are still healthy.

Estate planning is especially important for single women. It’s crucial to be sure that documents including a will, a HIPAA waiver and powers of attorney are in place while they are well. For those who have trouble naming a proxy due to a lack of family, an estate planning attorney can help to identify a financial institution that can serve as a proxy and act as a co-trustee.

Finally, single women need to check on the beneficiary designations on their accounts. Some pensions do not allow for non-spousal beneficiaries. Single pension holders may want their pension to go to a child but if the pension does not permit this, it may be better to roll the pension into an IRA.  They can then select whoever they wish to be their beneficiary.

For more information about estate planning in Orlando, FL (and throughout the rest of Central Florida), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.

Reference: Barron’s (March 4, 2019) “The Single Woman’s Guide to Retirement Planning”

What Those ‘Golden Girls’ Got Right

A 75-year-old woman realized that she had reached the point where she couldn’t live alone anymore. Deborah Knox had Parkinson’s disease and needed help if she was going to stay in her three-bedroom house. However, when her new roommate came in with a coffee table and insisted it be featured in the living room, the two had to work things out.

Knox lost the living room battle but said she’d rather do that than look at her coffee table in an assisted living setting, as explained in AARP Bulletin’s article “Housemate Wanted. Must Lift Heavy Objects.”

This is not unusual for the newest retirement dynamic — senior housemates. Older Americans are seeking companionship, mutual care and in some cases, a less expensive living situation. The number of households headed by renters 65 and older is expected to balloon by 80%, according to the Joint Center for Housing Studies at Harvard University.

A small industry has emerged from this need. There are companies that match housemates, doing background checks and matching up older renters. There are also companies that focus on older homeowners with housemates who can also help with chores.

The Golden Girls model is alive and well. The trend is more common among women, possibly because women tend to live longer than men and may feel more comfortable living in a communal setting. However, there are challenges. Living with a housemate isn’t without issues. A renter may feel unsettled by the lack of control, while a homeowner may feel agitated at having to share possessions and space.

Sharing houses may not be the American dream but it may present a solution for seniors who want to maintain their independence.

Shared housing takes work. It also benefits from rules that are written down and agreed upon in advance. One woman purchased an eight-bedroom house in Portland and rented rooms to women who were like her — 55 and older and single. The tenants make their house rules and collectively decide who joins the community. So far, all but three rooms are filled.

Finding a roommate who isn’t family to live with requires some caution, advise experts. Some services offer a two-week trial and prepare for a confrontation if it does not work for you. Explore all issues, especially the thorny ones, in your first interviews. If your politics or spiritual practices are vastly different, there may be no way to overcome that. You should also discuss the details. Does one person like to watch television all the time, at full blast? If you prefer a quiet house, that’s not going to work out.

Put it in writing, from how costs will be divided to how bills will be paid. Who will be responsible for what chores? Are overnight guests permitted? Does the homeowner have the ultimate say? The more details you can cover, the less room for quarrels.

Remember to focus on the good too: a communal dinner, weekly or daily, and regular outings, can foster friendships in this new phase of life.

For more information about estate planning in Orlando, FL (and throughout the rest of Central Florida), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.

Reference: AARP Bulletin (March 14, 2019) “Housemate Wanted. Must Lift Heavy Objects”

It’s Never Too Late to Save for Retirement

Maybe you haven’t looked at your 401(k) statement in a while but if you have and it doesn’t seem like it will be enough for retirement, don’t panic, says Bloomberg in the article “Bigger 401(k) Contributions Are Easier for Empty Nesters.” How is that possible when your car needs to be replaced soon and your youngest child is a freshman at a private college?

We all wish we had taken the advice printed in the 401(k) materials we got at work long ago: be disciplined about savings, put away 10% of your income and maybe 20%, if you can manage it. Every time you get a raise, increase your savings. The longer you wait to save, the more likely you’ll be among the millions of Americans struggling to maintain their lifestyle in retirement. You’ve heard all this. It was great advice. However, those recommended percentages are difficult to do.

It is little wonder then that the average combined 401(k) IRA account balance for American working households in 2016 is about $135,000, according to the U.S. Federal Reserve. That would equate to a household income of $600 monthly in retirement. It is not quite enough to maintain your lifestyle, is it?

Before throwing your hands up in the air, consider that you are far from doomed. Instead, take the opportunity to build your household finances by continuing to work. This is especially true if you are an empty nester. The number one solution to a successful retirement, is working longer. Even a few years can have a large impact.

Empty nesters who are still working are in the best position of all. The cost of raising children is expensive. Well-off married couples with a child born in 2015 can expect that child to cost about $372,210 from birth to age 17 (that’s in 2017 dollars), according to the U.S. Department of Agriculture. When the children are out of the house, cash flow changes.

If you can keep working and if the children can become financially independent, your retirement saving should be able to shift into higher gear. The most important thing for empty nesters is not to get comfortable with the new cash flow when the children move out. Instead, put away more.

Working longer has now become increasingly common. The civilian labor force participation rate of Americans ages 60-64 increased to 57% in 2018, from 44% in 1987, according to a report from the Brookings Institution.

Knowing that there’s time to save for retirement later in your career is liberating and not as difficult as saving while the children are still with you. There is time to restore your finances if you take the right steps when the time is right.

For more information about estate planning in Orlando, FL (and throughout the rest of Central Florida), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.

Reference: Bloomberg (April 8, 2019) “Bigger 401(k) Contributions Are Easier for Empty Nesters”

Kids Going to the Mom and Dad ATM One Time Too Many?

Parenting is supposed to be a process of teaching children how to be self-sufficient. However, it’s not always easy to go from being dependent on parents to being independent. If you think you’re still doing too much, says Newsday, you need to ask “Good to Know: Are your grown-up children taking advantage of you?”

Plenty of parents don’t know what to do when they are asked too many times for too many financial favors. They may feel pressured to agree, worried that they may see their grandchildren or their children less, if they say no. That’s a bad reason for generosity. If the parent is asked to co-sign for a large purchase like a home or a car, they need to put the brakes on and discuss this thoroughly with their child. It may also be a good idea to speak with an estate planning attorney for an objective viewpoint.

There needs to be recognition of the child’s creditworthiness. Have they borrowed money from their parents or other family members and failed to pay it back completely or made only partial payments and only after being reminded repeatedly? Don’t expect behavior to change. Parents facing this example also need to discuss this between themselves. They should only “lend” money that they can afford to lose.

If the child has been turned down for credit through regular financial channels and the bank of Mom and Dad is the only option, find out why. Ask them for a credit report and be transparent about your concerns. Can you afford to pick up the mortgage payments, if the child fails to make them? What about car loan payments?

Taking advantage of parents can extend past money. Some families welcome their grandchildren with open arms for unlimited times. However, if you find yourself babysitting on weekends and several week nights during the week, it’s time for a discussion. For one family whose son was interested in spending time with a new fiancé more than with his two toddlers, the situation went on for nearly a year until the parents gathered the courage to speak up.

They added up all the time they were spending each week taking care of the children. It turned out that they were watching the children for fifteen hours or more each week. This was discussed calmly. They then made it clear that they were happy to continue caring for the children but for a far more reasonable period of time.

If you feel that your children are taking advantage of you, you’ll need to have a discussion in a calm and reasonable manner. If there are financial matters that are spinning out of control, speak with your estate planning attorney about how to create a plan to stop the flow of money. Elder financial abuse sometimes begins as a “favor.” However, it can escalate if it is allowed to grow unchecked.

For more information about estate planning in Orlando, FL (and throughout the rest of Central Florida), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.

Reference: Newsday (April 14, 2019) “Good to Know: Are your grown-up children taking advantage of you?”

Fixing a Broken Retirement: Add A Fourth Leg

The analogy of a stool for retirement with three legs is no longer the case for many, if not most, American workers, according to the article “New ‘4-Legged Stool’ Can Mend Broken Retirements” from Newsmax. Between concerns about Social Security’s future, the dearth of pensions at most companies and retirement savings hurt by past market crashes have all combined to take a toll.

What’s the answer?

Let’s scrap the three-legged stool for a four-legged chair. With four legs, if you lose one leg, there are still three holding things up. Here’s how to build a four-legged chair for retirement:

Income. This is the smallest leg on the chair, and in this case, is not income from your retirement accounts. It’s not pension income either. In this case, the income is a small stream of income during retirement. Maybe you’re a greeter at a store, or a part-time consultant to people you worked with throughout your career. Perhaps you do what a lot of retirees do, start a business, selling on eBay or Esty. Whatever it is, a job that brings in a few thousand dollars a year can make a difference in your retirement stability.

Social Security. Social Security may not be going away completely but it is possible that the amount of benefits will be reduced. The trust fund will be exhausted in 2034, there are some big demographic shifts now underway with more millennials in the workplace than boomers and depending on your point of view, the changes to Social Security may be big, little, or none at all. Expect something to change. That’s why the small part time job that brings in a little bit of income could be a retirement-saver.

Non-Tax Advantaged Accounts. Retirees need liquidity in retirement. If you have lots of money in your IRA, 401(k), or SEP accounts, that’s great. However, that money may not be immediately available and there are tax consequences to selling those assets that can do damage, if you withdraw too much in any given year.

It is better instead to have a mixture of demand and investment accounts, including checking accounts, savings accounts, money market and mutual fund accounts. Checking and saving accounts are the most immediately liquid, while money market and mutual fund accounts are less liquid. They could result in a taxable event, if assets are liquidated. The benefit of having money in a taxable investment account is that you can take that money out with no limitations. If you are taking money from a 401(k) or an IRA before age 59½, you’ll get hit with taxes and possibly penalties. Yes, you may have to pay capital gains taxes on your earnings but at least those funds are readily available to you, if you need them.

Tax-Advantaged Retirement Accounts. These accounts have become the mainstay of most people’s retirement funds. Investment choices are limited for most people since they are determined by the company handing the accounts for your employer. However, many plans offer benefits like matching contributions. This is free money and it is always recommended to do whatever you can to take advantage of any employer matching plans. It lets you make more gains than you would just from your own savings efforts.

These accounts come with strings. You can’t touch them until you are close to retirement age but there are benefits. If they’re not performing, you can make changes within the restrictions of the investment company. While it’s not easy to figure out what the market is going to do next, with the help of representatives from the companies running the retirement portfolio, you can make informed decisions.

As long as you exercise financial discipline, don’t put all of your retirement nest eggs into one basket and make sure you have four legs on your retirement stool, you’ll be well-prepared to enjoy your retirement.

For more information about estate planning in Orlando, FL (and throughout the rest of Central Florida), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.

Reference: News Max (April 11, 2019) “New ‘4-Legged Stool’ Can Mend Broken Retirements”