Category Archives: Estate Planning
Top 5 Duties Of The Executor Of A Will
In Florida, an executor of a will can also go by the name personal representative. This individual has specific duties with respect to the wealth distribution of an established estate that must take place to formally and officially close the estate under the law. This is not a task that is always so straightforward… Read More »
Updating An Estate Plan After A Degenerative Brain Disease Diagnosis
If you have not yet put together your estate plan or if you have one, it is always a good idea to check in on it every couple of years or as there are major life changes to see if adjustments should be made. Things like marriage, the addition of children, or coming into… Read More »
How Does Florida Tax Large Estates?
If you are planning for the future and how you want your estate and wealth to be distributed to your heirs you likely want to give them the most possible once you pass on. However, if you have a large estate, you have to be concerned about how taxation can impact what is taken… Read More »
Who Should You Give HIPAA Authorization When Estate Planning?
On April 14, 2003, the Health Insurance Portability and Accountability Act (HIPAA) took effect. This legislation governs rules for sharing and allowing access to individuals’ protected health information. Healthcare providers, clearinghouses, insurance plans, and many other entities are now bound to HIPAA rules. Violation of HIPPA rules by those that are under its governance… Read More »
Does The State Pre-Write Wills For Residents?
The term estate planning may sound like a process and action that only the well-off and wealthy need to worry about. This could not be farther from the truth. No matter what age you are and no matter how robust or modest your wealth is, you may have preferences for who you want your… Read More »
How Can Blended Families Manage Their Estate?
In the United States, when speaking about a family unit, that typically means a home with 3.15 people. According to the United States Census Bureau when there are at least two people living in a home that are related by marriage, adoption, or birth, this is a living situation that is considered a family…. Read More »
Why You Shouldn’t Leave Your Estate To The State Of Florida After Your Death
A common misconception about estate planning is that it is only something for the rich to be concerned with. If you do not have many assets, you may not see the need to go through the process of establishing a solid estate plan. You may falsely believe that for your small amount of assets… Read More »
What Is A Lady Bird Deed?
The wealth that you acquire over your lifetime, your money, real estate you own, precious jewelry, cars, and other assets that are in your name can be minimal to substantial. Every person’s assets vary and when one dies all of these things are left behind. Where they go and who receives them is dependent… Read More »
Should You Choose A POD Or TOD Account For Florida Estate Planning?
You know it’s time to start planning for your estate but the process is so confusing you don’t know where to begin. One segment of planning involves thinking about your future health needs, another involves thinking about your property, but what about your finances? Perhaps you have heard of a payable on death account… Read More »
Predatory Professional Guardians And Florida
The exploitation of elderly people and predatory guardianship sound awful, and they are. But, even with laws and other procedural protections in place, these incidents still happen. And recently, many incidents have come to light. The number of occurrences that have been uncovered depicts an unsettling trend of a problem that continues to grow… Read More »
