Category Archives: Estate Planning
What Is The Difference Between A Beneficiary And An Heir?
Even though the terms are often used interchangeably, there are several notable differences between beneficiaries and heirs. By being aware of the differences that set beneficiaries and heirs apart from one another, and working with an estate planning attorney, it’s easy to make the appropriate legal decisions. What Is A Beneficiary? A beneficiary is… Read More »
How Can You Avoid Probate?
Even though probate is a valid, and often necessary, legal procedure, it is not always wise to go through probate. By following several pieces of key advice, you, and your heirs, can avoid probate. What Is Probate? The term “probate” refers to the act of reviewing a deceased individual’s assets and, then, distributing those… Read More »
What Are Some Uncommon, But Very Useful, Tips To Remember When Preparing A Will?
Every will must be prepared in the proper manner. A will that is prepared in an improper manner can lead to legal complications down the road. Outside of the tips outlined below, one of the best ways for you to prepare your will is to work with a Villages estate planning attorney. By doing… Read More »
How To Provide For Your Grandchildren Through Your Estate Plan
When you become a grandparent, this is an exciting and special time in your life. As a significant life event, the addition of grandchildren is a reason to take a look at your estate plan and see where you can make adjustments so that your grandchildren are included. There are several estate planning tools… Read More »
3 Things That You Cannot Include In Your Will
When estate planning, there are several tools that you can use to meet your ultimate objectives of ensuring your estate goes to whom you choose, that your beneficiaries will be taken care of, and that your loved ones may not have to suffer costly legal battles when you are gone. You may decide to… Read More »
Communication Is Key To Reduce Arguments Over End-Of-Life Documents
Nobody wants to think of the day that their loved one passes away. Likewise, not many people want to dwell on the end of their life. However, anyone aged 18 years and over must have some estate planning documents in place to protect their wishes, their assets, and their beneficiaries. And while being proactive… Read More »
What Makes A Will In Florida Legally Binding?
Most people understand that having some end-of-life documents in place is a critical step so that their chosen beneficiaries inherit the wealth they are entitled to. Despite this, so many Americans do not take the necessary proactive actions to put together legal and binding documentation outlining what they want to happen to their estate…. Read More »
Should Beneficiaries Always Be Treated Equally In An Estate Plan?
It would seem practical to think that the best way to put together an estate plan would be with completely equal fairness. When you name beneficiaries and individuals you cherish and love, they should all be treated the same. It would be unfair to give much more to one beneficiary than the other. However,… Read More »
Can Being The Executor Of One’s Estate Mean Potential Legal Trouble?
When it comes to money and wealth issues, people can become quite unpredictable with their behavior, especially if they believe they are being wronged or mistreated. Money can change many things, including making loving relationships pretty contentious ones. This is especially true in the emotional aftermath of a death. If you have been asked… Read More »
Avoiding Probate In Florida – Consider The Alternatives
Probate is supervised by a Florida court, and the process identifies assets and debts that were individually owned by a decedent, while ensuring that the decedent’s assets are transferred to the proper beneficiaries. Probate can be complex as two types of probate administration exist in Florida law: summary administration and formal administration. There is… Read More »
