Tag Archives: estate plan
Things that shouldn’t be included in a will
Creating a will as part of an estate plan can be a daunting task for many Florida residents. There is a tendency for some people to try to stuff their wills with far more specific details than necessary. It is important to remember that when putting together a will, there is some information that… Read More »
How much power can be granted with a Florida power of attorney?
Many Fort Myers, Florida, residents either have a close relative or a friend who refuses to develop an estate plan. These people are quite stubborn, and despite advice from friends and family, they believe their financial situation is under control. Many have even failed to take the simple step of giving a close family… Read More »
The benefits of a special needs trust
Many senior citizens in America, including those here in the South Florida area, depend on government programs such as Supplemental Security Income and Medicaid for their benefits. Some of these residents may be physically or mentally disabled and unable to care for themselves and really need their coverage. But, what happens if this mentally… Read More »
Can Florida guardians terminate their legal responsibilities?
Many Florida families have found themselves in the unfortunate situation where they needed to find a guardian to take care of a senior family member’s legal and personal affairs. This is usually because the senior is no longer able to make his or her own decisions anymore, especially when it comes to estate planning…. Read More »
Providing for a disabled heir with a special needs trust
Many Florida residents beginning the estate planning process have questions about how to provide for a family member with a physical or mental disability. If the disabled individual is receiving benefits from need-based government programs like Medicaid or Supplemental Security Income, a large bequest in a will or trust could end up disqualifying him… Read More »
Fort Myers’ Residents Seeking Streamlined Estate Planning Ideas
Locally, Fort Myers and Lee County residents maintain some of the most dynamic and active lifestyles in the country. From schooling to working to enjoying retirement and all the family, friends and activities in between, Floridians have little spare time. As a result, they often eschew things like proper estate planning. Despite this blog’s… Read More »
Some key differences between wills and trusts
The differences between wills and trusts are numerous and depending upon your situation, one might be more appropriate than the other. Wills and trusts also have a lot in common. At their core, both documents are simply estate planning tools in which you appoint a person to distribute your assets under certain terms and… Read More »
How often do I need to revisit my estate plan?
As this blog regularly reports, too many local Fort Myers and Lee County residents fail to engage in comprehensive estate planning. This risky strategy exposes their wealth to the whims of family and friends, along with state and federal regulations. Nevertheless, many of them cite the inability to account for contingencies as a reason… Read More »
Lee County residents advised to add estate planning as resolution
It’s that time of year when we roll our eyes at the urging to adopt this resolution or that for the new year. While a new diet or workout routine may seem like a daunting 2015 exercise, there are other more simple resolutions you can make to get the momentum going. For many Fort… Read More »
Some things women should keep in mind when estate planning
A recent article published here in Fort Myers suggests that many women suffer from what one study terms “Bag Lady Syndrome.” As ominous as it may sound, the condition is nothing more than a fear of losing their financial independence. Of those suffering from Bag Lady Syndrome, over 60 percent were the primary earner… Read More »
