Category Archives: Estate Planning
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 »
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 »
