Tag Archives: executor
Should I choose one of my children to be executor of my will?
Choosing the right executor of your will is just as important as creating the will itself. The role of the executor is to manage your estate and make sure that your final wishes are carried out. The person you choose needs to be able to handle these responsibilities. Many people choose one of their… Read More »
Florida calling for more probate judges
The Florida Supreme Court has recently put the state Legislature on notice to the fact that Florida needs more judges. The State’s highest court cited the large number of cases, the increased complexity of those cases and new legislation as the primary reason for requesting 32 new judges. One of the biggest areas of… Read More »
Fort Myers residents, self-dealing and estate administration
A recent revenue ruling issued by the Internal Revenue Service (IRS) has caught the attention of many estate planners in the Fort Myers’ area. The ruling concerned an individual who had sold an interest in his company to a trust for a note. Under his will, the man then conveyed the note to several… Read More »
Smooth estate administration planning requires pro-activity
This blog regularly discusses issues with estate planning. From wills to trusts, there are countless ways for local Fort Myers and Lee County residents to control their final wishes. In practice, though, these plans can be undone by poor administration. As a result, any comprehensive estate plan must make provisions for a smooth estate… Read More »
Fort Myers trustees and trust administration
Trusts are becoming more and more common in the estate planning process. From revocable living trusts, which exist during a trustor’s lifetime, to a testamentary trust created by someone’s last will, trusts can and do arise in a multitude of situations. In their simplest form, trusts are nothing more than an entity, which controls… Read More »
Heirs find family keepsakes more valuable than money
Contrary to popular belief, the most valuable assets left by the aging parents of baby boomers may not be monetary assets but instead can be meaningful family keepsakes. Unfortunately, though, unless family members talk about these special mementos before they become an inheritance, expectations and misunderstandings could lead to family conflicts. With that in… Read More »
