Author Archives: Site Administrator
Undiscovered assets may complicate estate administration
Sometimes one of the most difficult aspects of estate administration is finding all of the assets that should be included. A recent case involving a former Florida resident is an excellent example of such estate complexities. The woman is seeking a payout of a life insurance policy owned by her deceased mother who passed… Read More »
Heirs find family keepsakes more valuable than money
Contrary to popular belief, the most valuable assets left by the aging parents of baby boomers may not be monetary assets but instead can be meaningful family keepsakes. Unfortunately, though, unless family members talk about these special mementos before they become an inheritance, expectations and misunderstandings could lead to family conflicts. With that in… Read More »
Online assets increasingly important in estate planning inventory
When you visit a Florida estate planning attorney to begin the process of preparing your estate planning documents, one of the first instructions you will likely get is to prepare an inventory of your assets. That will require you to go through all of your financial assets, such as bank accounts and retirement plans,… Read More »
Is your Florida estate plan out-of-date already?
We’ve written before about how family relationships can be complicated, and how a comprehensive estate plan can address complex family dynamics. For example, estate owners in Florida sometimes forget to change their beneficiary designations when a divorce or death in the family occurs. With retirement plans, joint bank accounts, trusts and insurance policies, you… Read More »
How a revocable living trust can help you avoid probate
Last week we discussed how a trust can be a good way to help a child or another loved one who has an addiction or other problem that must be recognized in estate planning. Today, we would like to discuss how a certain type of trust can help all of your heirs by making… Read More »
In will execution, things aren’t always as they seem
In general, wills are seemingly straightforward documents. Whether you’re writing one or executing one, most people are under the impression that the instructions should be followed exactly. What some people may not know, however, is that there are certain circumstances that can override the instructions provided in a will. Think for a minute about… Read More »
Trusts: A way for parents to provide for child with addiction
Family relationships can be complicated; there is no doubt about that. For this reason, estate planning is often a much more personal and emotional experience than one might think. A great example of this involves a situation in which a parent has a child that struggles with addiction. A parent may desperately love a… Read More »
The basics of estate planning
Many people in the Fort Myers area have some idea of what estate planning means. Hopefully, many people have started at least thinking about an estate plan for themselves. If not, though, there are a few things you should keep in mind. First, estate planning is not just for the rich. Estate planning simply… Read More »
