Category Archives: Estate Planning
Florida’s favorable laws affect others’ estate planning
Florida is often the subject of lighthearted jabs directed at the age of its residents. While it is certainly true that the state possesses its fair share of retirement communities, few outside the Sunshine State realize there are reasons, other than the sun, for why retirees are drawn to it. One of the biggest… Read More »
Estate planning documents that should not be neglected
It is an unfortunate reality that many Florida residents put off planning their estate or do so in a haphazard fashion. Neglecting this very important process can lead to unwanted consequences for both the estate planner and family members. In fact, a non-existent or poorly planned estate could result in higher estate taxes, family… Read More »
Floridians wonder about revocability of trusts
Florida residents have enough on their plate. From running their businesses to taking care of their kids, adults have little time to manage issues on their periphery. Estate planning is one of the issues that is often pushed back until another day. This delay is also caused by confusion over what is needed in… Read More »
New Study On Trusts vs. Wills Enlightening For Florida Residents
Most Florida residents know that various documents have become an important part of the estate planning process. While wills continue to have a role, many locals see trusts as an effective way of avoiding the cumbersome probate process. Now, a new international study suggests that this American model is being followed overseas as well…. Read More »
Understanding the importance of updating beneficiary designations
Many Florida residents might have already created their estate plans and have all the documents signed off on. However, estate planners should keep in mind that as life changes, so should your plans for the future. One of the most common estate planning errors is neglecting to update beneficiary designations. For example, life events… 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Is your Florida estate plan out-of-date already?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 »
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 »
