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Riddell Law Group Blog
Estate planning and the generation-skipping trust
A lot of people think that estate planning is nothing more than drafting a will that evenly divides their assets amongst their children. But estate planning can be much more than that if you want it to be. In fact, the process is highly customizable so that your needs...
Why should you consider a trust when planning your estate?
While many people use a will as the foundation for their estate plan, you may want to explore more options. For many, a trust is an essential way to achieve their estate planning goals. What unique goals can a trust help you achieve? Trusts can preserve your privacy....
How important are home inspections before a purchase?
As you prepare to move, you may ask yourself if a home inspection for your new place of living is really necessary. However, unexpected and costly issues may occur if you choose to forgo this process. Issues and fixes According to FindLaw, professionals look for a...
What are common ways to pass on business ownership?
As a business owner in Florida, you should prioritize business succession planning. This is a primary area of focus in estate planning. You might want to retire at some point in life, or you may want to work until you no longer can. Whatever the case, you need to have...
Is a family member the best option for an executor?
As a Florida resident working on your estate plan, the first step is to choose an executor. Your gut instinct may have you leaning toward a family member. After all, it is important for an executor to get along with you. You know your family members best, too. But is...
What do you know about these common home refinancing mistakes?
You have owned your Florida home for several years. In that time, your salary increased along with your credit score. Now is a great time to consider refinancing your residential property. Refinancing is not without its pitfalls. Educate yourself on where you may...
How to know if you are financially ready to buy a home
For a few years now, you have been itching to buy your first home. Rental life is beginning to wear on you because you feel like you're throwing money down the drain. Also, most rentals don't allow you to customize your home to your specific liking. Homeownership...
Estate planning and a fresh outlook on life
Some people have a hard time approaching the estate planning process because they do not like thinking about issues related to the end of life. However, setting up a solid estate plan often provides people with a fresh outlook on life. For example, people have peace...
What happens if someone refuses to accept a power of attorney?
If you hold a power of attorney for someone else and wish to handle that person's business for him or her, then it is essential that others recognize the validity of your power. If they refuse to accept the POA, it could leave you in a situation where you cannot carry...
How to choose an estate executor
Whether you are starting a family or getting ready to retire from your career, financial planners emphasize the importance of planning your estate as soon as possible. A vital component of your estate plan is the last will and testament, which dictates who you would...
