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We Want to Draft Your Legacy

What Can I Do to Combat Dementia?

July 24, 2020
Many people begin to notice changes in their cognitive functioning as they age. Some find that they can’t quite remember why they entered a room or that the location of their keys is a constant mystery. Varying degrees of cognitive decline are common, and it is estimated that 14 million people will be diagnosed with dementia by 2050.
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How Does Social Security Benefits Work in My Estate Planning?

July 23, 2020
Social Security benefits are one of the items that fall through the cracks in many estate plans.
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Did ‘The Gambler’ Have Estate Planning?

July 22, 2020
Kenny Rogers didn’t write a lot of his greatest hits. His heirs get a little cash, when any of his recordings are played or purchased online, but that’s just a trickle of income.
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Possible Pitfalls for Special Needs Planning for Parents

July 21, 2020
Both the state and federal government, administered through the Social Security Administration (SSA) and Medicaid provide disabled individuals with a variety of life enhancing, and sometimes life sustaining, public benefits.
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Your Florida Estate Plan Needs to Be Customized

July 20, 2020
Estate planning documents often are treated like the photocopied permission slip for a child’s field trip. You fill in your name, include the children’s names and dates of birth and sign. The document is filed away to be used if needed, but you really never expect it to be used.
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How Do the Children Divide Up Mom’s Tangible Property?

July 17, 2020
One of the biggest challenges for anyone administering an estate is how to distribute what are called its tangible items. Unlike other property which can be easily sold, turned into cash and divided equally, tangible property is unique and often can't be equally split. Its value also often can't be measured by what it could be sold for. A family photo album may have no monetary value, for instance, but great sentimental significance.
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Picasso’s Sole Heir Continues to Sell Artwork

July 16, 2020
When the Spanish painter Pablo Picasso died of a heart attack on April 8, 1973, he left behind not only a huge artistic oeuvre of 50,000 works, but enough family drama to cover several generations.
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Still Procrastinating about Your Florida Estate Plan?

July 15, 2020
Without an estate plan in place, clients will be reliant on state laws and probate courts to appoint individuals who will be responsible for financial affairs and health-care decisions, in the case of illness and ultimately the transfer of assets upon death.
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What Must Be Done when a Loved One Dies?

July 14, 2020
It can be hard to move through your daily life after someone you love dies. It may be even harder to embark on the complex tasks required to put their financial affairs in order. However, you can't afford to put that off.
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What’s the Best Way to Select a Beneficiary for My 401(k)?

July 13, 2020
You might not be able to spend all the money in your 401(k) plan before you die. If that happens, your retirement savings will pass to the person you name as the beneficiary of the account. The information on your 401(k) beneficiary form typically supersedes what is written in your will. Therefore, it is important to keep this form up to date for all your retirement and investment accounts.
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Welch Law, PLLC

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Jupiter, FL 33458

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