Author Archives: Site Administrator
There can be both benefits and risks with a living trust
A living trust can be a solid addition to a testator’s estate plan. But this kind of estate planning tool is not for everyone in Florida, and it’s important to understand that this kind of trust offers both advantages and disadvantages. So here is a brief look at some of the benefits and risks… Read More »
Estate planning and divorce: One step to protect your children
It is rare that anything in law can be done with one step. Thankfully, when it comes to safeguarding your children’s financial future after a divorce, one relatively simple step can make a big difference. In fact, it isn’t even that painful – and as an added bonus, it is also an important step… Read More »
The importance of legal help in probate litigation in Florida
One of the more difficult situations that families will face in Florida has to do with probate issues and the possibility of litigation. It might seem untoward to have to move forward with a legal filing based on these circumstances, but there are times when it is absolutely necessary to protect those involved with… Read More »
What strategies can help retirees preserve more of their wealth?
A solid estate plan can do more than help the beneficiaries of an individual’s estate. Estate planning can also help the testator preserve more of their assets once they retire. That’s because estate planning experts recognize many of the common pitfalls in this area. They also know many strategies that can help a testator… Read More »
Tips for using a power of attorney for one’s financial assets
A power of attorney can become a critical tool if someone in Florida becomes incapacitated. That’s because POAs can be used for both medical and financial purposes and can help a testator when they really need it the most. Just like making health decisions, the ability to make financial choices for the testator is… Read More »
Three estate planning tips to take before diving into summer
School’s out for summer! Almost. But before you pull out those board shorts, grab that sunscreen and head to the beach, it is a good idea to take a few steps to make sure your house is in order – your financial house. A big part of keeping your finances in order involves having… Read More »
Estate planning tips: Children with special needs
Planning for your family’s future financial needs can be intimidating. It leads to a myriad of questions. How much will it cost to keep the house? What should I set aside for medical and dental bills? What about college costs? These questions multiply when a member of the family has special needs. Special needs… Read More »
Strategies that can leave beneficiaries additional assets
One of the established goals of estate planning in Florida is to try and make sure that more of the testator’s assets are left to his or her beneficiaries. That’s because taxes, lingering debts and the probate process can be expensive and take a sizable chunk out of an estate’s assets. But there are… Read More »
What are some steps executors in Florida can take?
Being an executor of an estate in Florida can be a little intimidating. After all, there’s a lot of responsibility that’s abruptly thrust upon that person. One moment, they’re living their normal life, and then suddenly they have to make significant decisions about the estate for a family member or friend who has just… Read More »
When a Prince errs: Learn from the star’s estate planning mistakes
Even Hollywood royalty can make mistakes. This was highlighted by the recent revelation that music mega-star Prince did not have a will. The star’s mistake provides an opportunity for countless others to learn from this error. Prince was not alone; failing to put together a will is one of the four most common estate… Read More »
