We value our real property assets, from our homes to our jewelry and cars. What value would you place on your social media assets, though? This issue is becoming a hot topic in the world of estate administration, as social media lives on even after its originator passes. Attorneys are encountering an increasing population of Baby Boomers and other clients who want to preserve their online presence for Read More

When Florida residents assess the value of their estates, they are encouraged to consider both testamentary and non-testamentary assets. Estate administration professionals encourage those with IRAs and other specialized accounts to carefully plan for these assets' distribution in the event of their untimely deaths. Some measure of anticipation is required in order to correctly deal with a pending IRA. An IRA is a Read More

A Polish Holocaust survivor earned the dubious distinction of leaving behind the largest unclaimed estate in New York history. The man, who died at age 97, left behind nearly $40 million, but it remains unclaimed because no estate administration documents existed to guide the distribution of his estate. The man left behind no remaining relatives. He was childless and his wife died in 1992. The public administrator Read More

Many Florida residents consider their pets to be a part of their families; but will attorneys feel the same when the time comes to execute their wills? Smart estate administrationplanners say you ought to provide financial accommodations for your pets in your will. A variety of options exist to make sure your furry friend is well-off after your passing. Pet trusts exist specifically to help you provide for your Read More

As the Baby Boomers progress into retirement age, more people within that generation are considering how to manage their IRA in their estate administration plans. IRAs are among the most difficult assets for everyday investors to manage. Tax experts say that a few simple steps can help Florida residents craft an excellent estate plan for their IRA and other assets. First, remember to always update your beneficiary Read More

Florida's citrus growers might not be thinking about estate administration, but experts say it is never too early to draft and refine your estate plan. Farmers, in particular, need to be educated about estate planning because of their massive financial assets. Most farmers own a significant amount of land, along with large equipment and other holdings. Failing to adequately distribute those assets can cost your heirs Read More

Most people associate estate planning with heirs, specifically children. But what about those couples who have chosen not to have kids? If you are one of the millions of couples without children, you may be apprehensive about aging without an adult child to serve as your caregiver and decision-maker. Luckily, estate administration planning for childless couples is only slightly different than that for traditional Read More

Digital assets such as financial accounts and other holdings are becoming a hot-button topic among estate administration professionals. Still, some of those assets are poorly defined by traditional estate planning schemes; how, for example, does one distribute access to one's email accounts or Facebook profiles? Bills proposed throughout the United States would allow these digital assets to transfer to the executor Read More

As the modern world continues to evolve into an increasingly digital age, estate planning professionals report that digital and virtual assets are becoming important considerations. The world is becoming more and more digital, with books, music and even photographs maintaining a strong online presence. Few people maintain hard copies of those items, which can make estate administration difficult for those who do not Read More

As the American public waited on the plunge of the fiscal cliff, financial advisers found themselves in an even less enviable position. Many worried that their clients would be unable to use previously enacted tax exemptions as part of their comprehensive estate administration plans. Luckily, the nation did not fall off the financial marketplace, and financial advisers have great news for their clients: The $5 Read More