Category Archives: Estate Planning
What is a guardian and what are their duties?
Many Florida residents may know how they want their assets divided once they have passed away. They may have even developed a comprehensive will that explicitly spells out their final wishes. However, they may not know what can be done to care for a special family member once they are gone. Situations like this… Read More »
Creating a strong and robust will
With today’s longer life spans, our lives get more and more complex, and having money and assets to leave behind to friends and family only adds to the confusion. Creating a will that spells out who gets what can help avoid unseemly family squabbles and can help assure that your wishes are attended to…. Read More »
Basic estate planning documents that provide substantial benefits
When it comes to estate planning, uncertainty can be a recipe for disaster. Not making specific and detailed plans for one’s assets means that the state will decide how to divide them after a person dies. But with just a little thought and effort, a testator can make sure that their assets go to… Read More »
A Power of Attorney can be a flexible estate planning tool
Solid estate planning can really help bring peace of mind and can clearly delineate a person’s final wishes. However, there are still some Florida residents who fail to see the many advantages of estate planning. Some of them have not even developed simple power of attorney. That is unfortunate since a POA can become… Read More »
Are there advantages to creating a special needs trust?
Many senior citizens in the nation depend on the benefits provided by government programs such as Supplemental Security Income and Medicaid. Some really need it because they may be physically or mentally disabled and unable to care for themselves. But what happens if a disabled senior citizen receives some monetary assets due to the… Read More »
Two reasons to include digital assets in your estate plan
A successful estate plan should be tailored to cover the owner’s entire estate. In this day and age, that means it should include provisions regarding digital assets. This expands beyond log-in information for social media accounts and email to include access to online banking accounts. Our reliance on these forms of digital assets, in… Read More »
How to stop heirs from fighting over an inheritance
The idea behind most estate plans is to clearly indicate what will happen to a testator’s various assets. Unfortunately, some beneficiaries get upset with what their beloved family member left them and they feel that other heirs may have received items that they think should have gone to them. The result is a squabble… Read More »
Estate planning and the election: Potential impact of each candidate
Estate planning is a process that allows property owners to take advantage of various rules and regulations to help better ensure that they can get the most out of their assets. These rules and regulations are impacted by various changes in laws, changes that can happen at any time. One event that could impact… Read More »
What information shouldn’t be part of a will?
Creating a will as part of an estate plan can be a daunting task for many individuals. That’s why many rely on estate planning professionals to help them put together a solid will that takes care of all of their needs. But, it’s important to remember that while a will should be as thorough… Read More »
Estate planning for blended families
Many more families today are blended than may have been the case in years past. Blended families can present unique challenges concerning estate planning that individuals considering how to approach estate planning should be aware of. Effective estate planning is always a good idea but it can have especially important implications in cases of… Read More »
