Tag Archives: estate plan
Florida residents can take a few steps to enact an estate plan
Estate planning is often viewed as a myriad of confusing forms, trusts, regulations and difficult decisions. In reality, most estate planning can be done with a few, mostly painless, steps. By knocking out some of the more fundamental exposure areas, local Lee County residents can set up a plan that surpasses that of many… Read More »
Should Fort Myers residents opt for a will or a trust?
Local residents want to know whether they should have a trust carry out their wishes after they are gone. They then want to know whether this step could do away with their wills. Despite the common nature of such questions, many Lee County residents are still wondering which direction is best for them. The… Read More »
Importance of estate planning highlighted in veteran’s dilemma
Some people are questioning what happened after a distinguished World War II veteran was removed from his home and placed in a nursing home by a court-appointed conservator. According to reports, the 96-year-old man was unnecessarily forced to move out of his home which has since drained his life-savings in nursing home expenses. Friends… Read More »
New study highlights Floridians motivations for estate planning
Estate planning is extremely important for Floridians. A new study from industry leaders has honed in on the top three reasons people engage in estate planning. The number one reason surveyed was the desire to avoid probate. The next two reasons cited for an individual’s decision to undertake estate planning were to prevent discord… Read More »
Does Court’s inaction on gay marriage effect estate planning?
As the gay marriage issues grabs more headlines many local Florida residents wonder what the practical consequences of the changing laws are and whether they will be affected. One of the biggest effects for states that recognize gay marriage will come in the form of changes to the application of probate laws. Currently, every… Read More »
Florida estate planning nightmares
Despite the stakes, many local Florida residents are surprisingly hands-off about what will happen to their assets after they die. Often times, when these individuals finally decide they want to direct their inheritance, they are too weak or disabled to fully engage in effective estate planning. While default laws are meant to assume the… Read More »
Robin Williams’ Estate Planning Provides Lessons for Floridians
If there is a silver lining to tragic celebrity deaths it is the massive amount of media attention which can shed light on issues we often choose to ignore. From Phillip Seymour Hoffman’s substance abuse to Robin Williams’ depression, public tragedies may allow us to recognize challenges faced by loved ones and jump start… Read More »
Florida Case Driving New Estate Planning Trend
Like anything else, estate planning in Florida is in a constant state of evolution. Those involved in the process are constantly striving to make the administration of a loved one’s estate better. As a result, new methods for estate planning are popping up around the country. Driven by new taxes, changes to preexisting laws,… Read More »
Detailed estate planning vital for second-home owners in Florida
With its year round sun and countless activities, Florida is an ideal location for a second home. While many people choose to spend winters in its warmer temperatures, many never permanently move from their homes further north. As a result, Florida is not their “domicile” when they pass away. Accordingly, heirs will file probate… Read More »
Florida’s young professionals encouraged to begin estate planning
Drafting a will is not viewed as a young person’s game. Rather, estate planning is more often associated with gray-haired individuals determining how they want a life-time’s worth of assets to be divided up amongst their family and favorite charities. Locally, however, there has been a push to encourage Florida’s young professionals to erect… Read More »
