Do Look for States That Protect Transfer of Assets Upon Death
Protecting your assets upon death can be a daunting task for many seniors- nobody likes to think about making provisions for after they’re no longer around. But it’s a necessary precaution and it’s also a natural part of life, so you shouldn’t be avoiding it.
Ever wonder why so many retirees move to Florida? It’s not only a no-income-tax state but also a great place with favorable laws for asset transfer upon death.
Basically, you want to ensure everything you own is protected in one way or another, and not researching all the ins and outs of how your assets are protected before you move could be you or your family’s downfall.
