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Blog Posts in April, 2015

Low Interest Rates Can Mean Big Estate Planning Gains

There are two factors that are currently affecting many estate planning strategies that also favor wealthy families: low interest rates and the increase in the federal gift tax exemption to $5.43 ...
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On Inheritances: When Treating Children Equally is Unwise

Parents with more than one child usually strive to treat each child equally when they are young, but once your children reach adulthood and you are considering their inheritances in your estate ...
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Is Your Florida Estate Safe From Attack?

Many people mistakenly believe that they have a simple estate, or one over which there won’t be any dispute. These people may choose not to obtain the help and guidance of a Florida asset ...
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Avoid Guardianship or Conservatorship Through Estate Planning

Guardianship is a legal proceeding whereby a court appoints someone (the guardian) to become responsible for exercising all the legal rights of an incapacitated person, known as a “ward”. ...
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Divorce After 50: Correctly Valuing Assets is Critical to Your Financial Security

Couples over the age of 50 are the fastest growing segment of the population to divorce – which can be disastrous financially if mistakes are made in dividing assets. Here are some things to ...
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What Women Should Know About Estate Planning

Estate planning is important for everyone, but especially for women since statistics show women outlive men yet earn less during their lifetimes. Here are some things women need to know about estate ...
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How to Determine Your Net Worth for Estate Planning

Having an accurate picture of your net worth will allow you to create a strategic plan to save taxes and to preserve assets for your beneficiaries. Your net worth is the “net” of your ...
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Estate Planning for the Single Parent

It is estimated that one-third of American children live in a single-parent household, and single parents are advised to create an estate plan that provides protection for their children. Here are ...
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How to Help Elderly Parents Handle Finances

More and more of adult children today are becoming an important source of support for aging parents. One of the most common duties is helping elderly parents manage their finances. Here are some tips ...
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How Estate Planning Can Help Protect Precious Collections

Whether you have a valuable collection of stamps, coins, artwork or other precious items, you no doubt wish to protect them the same way you would other important assets, and ensure that your heirs ...
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How to Plan for an Unexpected Early Retirement

According to a recent Census Bureau report, there are more Americans aged 65 and older now than at any other time in U.S. history. Unfortunately, many of these older Americans have also been forced to ...
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Thoughtful Retirement Planning Leaves Wives More Financially Stable

Statistics show that typically, wives outlive their husbands by up to a decade. Sadly, the incidence of poverty for women older than 65 is over 12 percent, considerably more than for men within the ...
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What You Need to Know About Inherited IRAs

Dealing with inherited IRAs can be a complex matter, depending upon your relationship to the person who left you the IRA. If you become the beneficiary of an inherited IRA, you should consult first ...
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5 Retirement Pitfalls to Avoid

It is not enough to plan and invest well for retirement; you must also avoid some key pitfalls once you retire to ensure your nest eggs can sustain you throughout the rest of your life. Here are some ...
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Tips for Choosing a Continuing Care Retirement Community

If you are nearing the age where you are thinking about moving to a senior living community, or are in charge of finding the right place for your aging parents, chances are that you are probably going ...
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4 Key Factors That Will Influence Where You Will Retire

Sandy beaches, tropical climates or mountain vistas: retirement dreams are made of these. Most of us fantasize about retiring somewhere other than where we live right now. Realistically, however, ...
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Which Excuses Are You Using to Delay Saving for Retirement?

Planning for retirement entails saving for retirement, and too many of us have plenty of excuses why we’re not doing either. The top excuses for not saving for retirement include: College ...
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8 Tips for Avoiding a Will Contest

The recent downturn in the economy resulted in an increase in the number of wills that are contested each year. Here are eight tips that estate experts advise clients to take to minimize the chance ...
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The Importance of Short-Term Business Succession Planning

If you own your own business, you have undoubtedly given some thought to business succession planning. And most likely the thought has gone to long-term planning and establishing an orderly process so ...
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Avoid These Top 5 Missteps That Drain Retirement Assets

A good asset protection plan is not only necessary for funding your retirement; it is also vital for ensuring that you can continue to have a suitable income once you’ve retired. Here are five ...
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The Dorcey Law Firm, PLC - Fort Myers Attorney
Located at 10181 Six Mile Cypress Pkwy, Suite C, Fort Myers, FL 33966
Phone: (239) 330-6674
Local Phone: (239) 418-0169
Website: http://www.dorceylaw.com
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