Tag Archives: Estate planning
The basics, and importance, of effective estate planning
Estate planning may sometimes seem like an intimidating concept to families. In reality, estate planning involves several important estate planning tools, or types of documents, and the important considerations many families already have on their minds. While there are several important elements to an effective estate plan, estate plans are uniquely tailored to the… Read More »
Qualities that can help identify the perfect guardian
There are two types of guardians. One kind is someone who will manage a person’s estate after they have passed away, while the other is someone who will become the parent of their dependent child if the parents have died. Choosing the correct guardian for your children can be complicated. So here are some… Read More »
What happens during the probate process in Florida?
It is generally only after someone’s death that the process of settling their estate and distributing their assets can begin. If the decedent left a will or died without a will or trust, the estate will need to go through probate. But many Florida residents may not understand exactly what happens during this all… Read More »
Some basic information on Florida guardianship law
Many Florida residents have a pretty good idea of how they want their assets divided up among their loved ones once they have passed away. They may even have executed a will or trust that explicitly spells out their final wishes. But what if there is a special member of their family that is… Read More »
Comic legend’s family continues to argue over his estate plan
Florida residents know that a well thought-out estate plan is one way to prevent disagreements among family members after one has passed away. By having all of the testator’s wishes explicitly spelled out in the estate plan, there can be no room for family disputes when the executors and trustees seek to carry out… Read More »
Basic estate planning documents that can bring peace of mind
Many Floridians know that the only certainty in life is uncertainty. But when it comes to estate planning, uncertainty can be a recipe for disaster. Failing to provide specific instructions for the distribution of one’s assets after death means the state will decide how to distribute them. But with a little effort, a person… Read More »
Family fails to gain control of famous blues guitarist’s affairs
Many Florida residents know how important solid estate planning is for both themselves and their families. By investing the proper amount of time and effort, and by keeping all of their estate documents such as wills and trusts up to date, Florida residents can prevent misunderstandings between family members and other professionals who work… 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 »
