Although it is only 28 days in February, there are lots of fun holidays that are likely to be related to property planning yet. Things you do not know about real estate planning may not kill you, but as something else happens, it will hurt your family, so real estate planning for your clients in the February theme There is the fact.
Marmot day - Without properly executed living will, did you know that no matter how much money the patient's family will have, you must artificially survive any true hope? An eternal artificial life with permanent nutrition is typical of continuing to live on the same day many times without the charm and comedy of Bill Murray. While most people think about property allocation and tax savings when considering real estate plans, properly executed living will, durability, healthcare representative designation may sometimes be even more important.
Mardi Gras - The color of Mardi Gras symbolizes faith, power, and justice. If you believe in the power of the judicial system that your assets are equitably allocated to your death, there are probably too many hurricanes. Without a living trust to distribute your assets, your wish will be subject to the prosecution judge or the whim of Florida state law. On a small scale without "family nuances", this may not be a big problem. However, if you belong to more than $ 75,000 real estate or "nuclear family" (ie, divorced parents, admitted children, disadvantaged obligations, previous married children etc), the prosecutor general will remain financially It was devastating to my family. The easiest way to completely avoid probit is to distribute assets through living trust.
Valentine's day - The real estate plan is not yours. It is to defend those you love after you go. Because there is a possibility that children may get sick, we enroll in health insurance. We pay car insurance for your spouse because there is a possibility of accident. In case we need our children to help with school payment, we will save money on prepaid college plan. We plan on "something" on a daily basis, but we always avoid the necessary plans after we die. Our children It might be Get sick, become a spouse It might be Encounter a traffic accident It might be Funding for the university is necessary, but there is definitely only one. Florida's mortality rate is 100%. Regarding other so-called guarantors, you can not keep you alive forever, but it helps to eliminate the tax burden that your family owes even without you.
Since it is a very short month in February, it is better to move early and plan a real estate before it is too early.
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