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Recent Blog Posts

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Determine If A Bypass Trust Is Best For You

By Eric Millhorn |

Although the state of Florida does not tax a person’s estate upon his death, an estate is still subject to federal estate taxes. In order to avoid paying an excessive amount in estate taxes, essentially reducing what is available to be passed on to heirs, people may use various methods of estate planning and… Read More »

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Using A Will To Name A Guardian For Children

By Eric Millhorn |

In preparing a will, parents often spend a lot of time planning how their children will be taken care of after the parent’s death. In many cases, the parents arrange for property that will pass to the children to be placed in a trust with a trustee in charge for the children’s benefit. However,… Read More »

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Taking Advantage Of An ABLE Account

By Eric Millhorn |

How much a person has in assets, including savings accounts, can sometimes affect the person’s eligibility for government aid and their ability to effectively plan for the future. This can be especially troublesome for people with disabilities, or for parents or guardians of children with disabilities who are organizing their estate plans with a… Read More »

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What Is A Living Will?

By Eric Millhorn |

Most people know what wills are, and what role they play in a person’s estate plan. However, the term living will often causes some confusion, especially if confused with a living trust. A living will is different from both a living trust and a will, and serves a distinct purpose. A living will is… Read More »

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Modifications To The Terms Of An Irrevocable Trust

By Eric Millhorn |

Irrevocable trusts are usually intended to last for a long period of time and to provide for the needs of the beneficiaries according to the trust settlor’s wishes. Because the trust is irrevocable, there are rarely any changes made to the terms of the trust unless they were specified within the trust documents. However,… Read More »

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Adult Guardianship In Florida

By Eric Millhorn |

Not everyone sets up a power of attorney or sets up a health care directive as part of a broader estate plan. Unfortunately, this could mean that if the person becomes incapacitated or mentally unfit to handle his affairs, a guardian may need to be appointed by a court. Usually, a family member requests… Read More »

Expert Interview with Eric Millhorn – Basics in Estate Planning

By Eric Millhorn |
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Handling Business Interest As Part Of An Estate Plan

By Eric Millhorn |

Transferring ownership interest in a business can be complicated and require the considerations of how the sale of a business interest will affect multiple aspects of the owner’s life, including estate planning. Business owners in Florida should consider the use of buy-sell agreements in combination with a trust to pass on the proceeds of… Read More »

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Digital Assets And Estate Planning

By Eric Millhorn |

The preparation of an estate plan focuses largely on ensuring that beneficiaries receive property or assets after the person creating the plan passes away. The kind of property people typically consider when outlining their wills or trusts is physical property or money in accounts or that will be paid out in insurance policies. One… Read More »

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Revoking A Will In Florida

By Eric Millhorn |

Writing a will is an important part of estate planning. Depending on the assets owned, a will can be written easily and as long as it meets the legal requirements under Florida law, it will be valid. However, as life changes, a person who writes a will may want to make certain changes in… Read More »

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