Category Archives: Estate Planning
Your Family Members Can Be Harmed If You Don’t Have An Estate Plan
Not having an estate plan can harm your family members in a number of ways. By investing in a proper estate plan, you can protect your family members from the complications that arise from insufficient estate planning. Going over how your family members can be harmed by insufficient estate planning, and speaking with a… Read More »
3 Big Reasons You Should Have A Financial Power Of Attorney
A power of attorney is a legal arrangement that allows someone else to make decisions on your behalf, in the event that you are unable to make those decisions for yourself. Just as an example, if you are in a coma, you may not be able to make medical decisions for yourself. By setting… Read More »
Giving A Beneficiary One Dollar Will Not Disinherit Them
A number of people believe that giving a particular beneficiary one dollar will, in essence, disinherit them from the assets that comprise your estate. But, there’s one problem with this belief: it is wrong. By going over the problems with giving a beneficiary just one dollar, and speaking with a Florida estate planning lawyer… Read More »
Tangible Personal Property In A Florida Irrevocable Trust
Your irrevocable trust can include several types of property. Just as you might assume, one of these property types is “tangible personal property.” By going over the value of putting tangible personal property in a Florida irrevocable trust, and speaking with a Florida estate planning lawyer at Millhorn Elder Law Planning Group you can… Read More »
“Just A Will” Estate Planning Is Rarely Enough
Your estate plan can consist of no more than “just a will.” But, even though your estate plan can consist of a will – and only a will – this is rarely a good idea for multiple reasons. Going over the main reasons why “just a will” estate planning is rarely enough, and speaking… Read More »
The Value Of Putting Your Financial Accounts In A Trust
Your financial accounts can be placed into a trust. Doing so offers a wealth of benefits. Many of these benefits can make it easier for your beneficiaries to receive the funds within these accounts. By going over the value of putting financial accounts in a trust, and speaking with a Florida estate planning lawyer… Read More »
Giving Your Financial Accounts A Beneficiary Is Important
Many estate plans are comprised of financial accounts, such as a life insurance policy or savings account. Your financial accounts should be given a beneficiary before you pass. Not doing so can lead to serious problems. By going over why giving your financial accounts a beneficiary is so important, and speaking with a Florida… Read More »
You Can Put Your Home In A Trust
You can put your home in a trust and, in doing so, protect it from the probate process. Doing so can save your beneficiaries a great deal of time, money, and energy. Going over the value of putting your home in a trust, and speaking with a Florida estate planning lawyer at the Millhorn… Read More »
Probate Is A Long Process
Your assets must go through probate after your passing. Probate is useful, but quite long. And, probate can also be very expensive. Both of these things can make it hard for your beneficiaries to get what you would like to give them. Going over the standard length of probate, and speaking with an estate… Read More »
The Significance Of A Fraud-Based Will Contest
Your will can be contested by those who are connected to the will. Someone connected to the will could accuse it of being fraudulent; among other possibilities. By contesting your will, and claiming that it was made in a fraudulent manner, your beneficiaries will have a much harder time receiving the assets you wish… Read More »
