Recent Blog Posts
The 3 Major Risks Of Using A.I. To Draft Your Estate Plan
Your estate plan is a series of legal documents. Every single one of these documents will be used to distribute your assets to the people you would like to give them to. Even though you can use A.I. to draft your estate plan, there are many risks that come from doing so. By going… Read More »
Cryptocurrency Requires Effective Estate Planning
Every single one of your assets can, and should, be a part of your estate plan. This includes digital assets, such as your cryptocurrency holdings. Going over the importance of effective estate planning for cryptocurrency, and speaking with a Florida estate planning lawyer at Millhorn Elder Law Planning Group today will help you protect… Read More »
The Significance Of Naming Your Children As Joint Owners Of Your Bank Accounts
You can name your children as joint owners of your bank accounts. Doing so can make it much easier for them to access the funds in these accounts after your passing. Even though the above is true, naming your children as joint owners of your bank accounts can be a bad idea. This isn’t… Read More »
The Many Uses Of A Power Of Attorney
A power of attorney is one of the most useful estate planning tools you can employ. You can use a power of attorney to ensure that your needs are taken care of, in the event that you cannot take care of them yourself. Going over the many uses of a power of attorney, and… Read More »
3 Dangers That Come With An Irrevocable Trust
Out of all the trusts you can develop, an irrevocable trust is one of the most useful. But, even though this is true, an irrevocable trust comes with a few dangers. These dangers can make managing your estate a little tricky. Going over the three dangers that come with an irrevocable trust, and speaking… Read More »
The Assets Covered By Florida’s Intestacy Laws
If you die without a valid will in the state of Florida, your assets will be distributed according to Florida’s intestacy laws. But, this doesn’t apply to every single one of your assets, as certain assets aren’t covered by intestacy laws. Going over the assets covered by Florida’s intestacy laws and, in turn, the… Read More »
The Best Way To Protect Your Family Heirlooms From Probate
The probate process allows your assets to go to the right people. But, there is one problem: probate is an expensive process and, in order to pay off the fees associated with probate, the assets within your estate are often used. Even though it is unlikely, your family heirlooms could be taken, from your… Read More »
The 3 Things That Might Happen If You Don’t Fund Your Trust
A trust can be used to bypass all sorts of problems: creditors trying to claim your assets and the costs/delays associated with the probate process, to name two examples. To ensure that your trust is able to protect your assets from creditors while bypassing the probate process, it is of the utmost importance that… Read More »
The Best Estate Planning Tools For Managing Mental Decline
Many people experience some form of mental decline as they grow older. And, as this mental decline occurs, making good estate planning decisions can become far more difficult. Going over the best estate planning tools for managing mental decline, and speaking with a Florida estate planning lawyer at Millhorn Elder Law Planning Group will… Read More »
Dying Without A Will In The State Of Florida
If you die without a will in the state of Florida, your assets will, in most cases, be distributed according to Florida’s intestacy laws. Going over what happens if you die without a will in the state of Florida, and speaking with a Florida estate planning lawyer, will allow all of your estate planning… Read More »
