On behalf of Kramer A. Litvak, P.A. | Jul 12, 2019 | Firm News
If you are the glue that holds your blended family together, you might wonder what will happen after you are gone. It may not be enjoyable to think about your own death, but it can be prudent to plan for that inevitability, especially when your family situation is not...
On behalf of Kramer A. Litvak, P.A. | Jun 19, 2019 | Estate Planning, Firm News
Many people in Florida may think primarily of writing a will to handle their real estate, bank accounts and other assets when they consider estate planning. Making this type of plan can be important for many reasons, providing peace of mind and structuring documents...
On behalf of Kramer A. Litvak, P.A. | Jun 17, 2019 | Firm News
Succession planning can involve a lot of work, and it is rarely at the top of a business leader’s to-do list. However, it can be advantageous to begin succession planning early, so there can be plenty of time to train and mentor potential successors. To help fit...
On behalf of Kramer A. Litvak, P.A. | Jun 10, 2019 | Estate Planning, Firm News
Choosing a guardian to take care of minor children is among the most difficult and important decisions made by Florida parents during the estate planning process. Neglecting to take this step leaves important decisions that parents would likely want to have control...
On behalf of Kramer A. Litvak, P.A. | Jun 5, 2019 | Business Succession Planning, Firm News
Business owners in Florida may be particularly concerned with how their business will continue to progress after they decide to retire or move on. Succession planning can be an important part of ensuring that a company is viable for the future and not only for the...
On behalf of Kramer A. Litvak, P.A. | May 31, 2019 | Firm News
Choosing what happens to your body after death is an incredibly personal decision. Whether you choose traditional burial in a cemetery or cremation, you’ve likely reached that decision on factors such as personal preference, religious belief, or cost....
On behalf of Kramer A. Litvak, P.A. | May 28, 2019 | Estate Planning, Firm News
Almost every Florida resident can benefit from having a will, regardless of how complicated their estate is. It is also important that assets are properly titled so that they go to the intended beneficiaries. Retirement accounts, bank accounts and other assets may be...
On behalf of Kramer A. Litvak, P.A. | May 21, 2019 | Estate Planning, Firm News
Blended families, sibling rivalry and irresponsible heirs are a few of the challenges that can make estate planning difficult for some people in Florida. Many financial professionals say that in addition to creating a clear estate plan, individuals should try to...
On behalf of Kramer A. Litvak, P.A. | May 13, 2019 | Estate Planning, Firm News
One factor that Florida residents should consider when determining to whom to leave their IRA is whether they want the funds to remain in the family. For people who have no family or who do not want to leave the funds to relatives, a favorite charity can be selected...
On behalf of Kramer A. Litvak, P.A. | May 9, 2019 | Estate Planning, Firm News
A frequently overlooked element of estate planning for some people in Florida might be beneficiary designations. Assets such as retirement accounts, life insurance, and corporate asset accumulation plans are passed using a beneficiary designation instead of a will or...
