Warm winter weather is not the only attraction for retirees moving to better climates; some states such as Florida, Arizona or Tennessee can offer significant financial benefits to those establishing a new residency.
On September 29, 2022, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a rule requiring most corporations, limited liability companies, and other entities created in or registered to do business in the United States to report personal identifying information about their company owners to FinCEN. Companies in existence before January 1, 2024 will […]
An estate plan often focuses on tangible property such as jewelry, artwork, money, and vehicles. However, in this age of technology, it is important to remember to include your digital assets. Digital assets consist of everything we own online. Because we spend more time on computers and smartphones than we ever did before, you may […]
Older Americans are one of the fastest-growing demographics in the country. Our senior population represents more than 1 in every 8 Americans, and a person turning 65 has a 70% chance of needing some type of long-term care (“LTC”) services in their remaining years, according to the Administration for Community Living. Because people are living […]
Florida is known for being a destination for retirees to seek out warmer weather and a relaxed lifestyle. Contrary to historical trends, Florida is beginning to see a significant influx of younger individuals, families and businesses making the move due to the state’s tax benefits and remote work options. Recent changes to Florida’s uniform trust […]