Category Archives: Estate Planning
Florida Woman Sentenced To 145 Months In Prison For Elder Fraud Scam
A West Palm Beach woman was recently sentenced to 145 months in prison for an elder fraud scheme. The defendant, Edtronda Simon, and co-conspirators defrauded multiple seniors in South Florida of more than 1.4 million in funds. The defendants would cold-call vulnerable and unsuspecting seniors purporting to be a bank fraud investigator and claiming… Read More »
How Can You Protect An Elderly Loved One At Risk For A Fall Or Injury?
Talking with our elderly loved ones about needing more help at home is often challenging. It can be a difficult subject as our parents may be resisting the thought of needing assisted living or at home health care. They may feel that they risk losing independence as they age. Unfortunately, the risk of falls… Read More »
What Is A Florida Qualified Personal Residence Trust?
Magda and Russell own a large, expansive home near Lake Denham. They are starting to look into long-term planning and think it might be time to downsize and rent a smaller apartment with less to maintain, but they want the home to remain in the family. After all, so many wonderful memories were shared… Read More »
3 Reasons Why A DIY Florida Will Or Trust Is Not Advised
Alex did a quick Google search for free will templates online. He found so many templates he didn’t know which to choose from, and finally he picked one that appeared to be from a reputable website and he was able to download it to his desktop. It seemed pretty simple, but it was also… Read More »
What Are The Costs Associated With A Florida Probate Action?
Ideally, estate planning is tackled before a crisis occurs, and long before someone’s health prevents them from making informed decisions about their assets and liabilities. However, reality sets in, life is hectic, people get busy and put off applying for life insurance, drafting a will or preparing their estate to avoid probate. Some people… Read More »
Legacy Planning For A Child Or Grandchild’s Education
You want to provide for your grandchild’s future education, but you are not sure what the best option is. There is a lot of misinformation out there. If you invest in a 529 Plan, does your grandchild have to attend school in Florida? Should you leave your grandchildren money in your will? What if… Read More »
What Happens To A Florida Timeshare After A Loved One Passes Away?
Jack and Amber purchased a timeshare for a small property in West Palm Beach about ten years ago. When Amber passed away Jack discussed the possibility of their children occupying the timeshare when he passed on. Jack’s children have no interest in paying timeshare fees, being roped into the contract and have no intention… Read More »
Estate Planning Basics For Active Duty Servicemembers: Part 2
In a previous post our lawyers discussed some estate planning tools for active duty servicemembers in our nation’s armed forces. This includes research on survivor benefits plans and drafting a health power of attorney and financial power of attorney. There are additional items that military families should consider, including the benefits of drafting a… Read More »
Estate Planning Basics For Active Duty Servicemembers: Part 1
Estate planning is an integral part of life for all families, but it is even more crucial for active duty and reserve members of the U.S. military. Having to deploy, relocate or spend extended time away from your family while on leave is physically, financially and emotionally taxing. Being a military family means comfortability… Read More »
Events Triggering A Will Update
If you already have a will on file, you probably think your estate planning days are over. After all, you’ve already taken the time to inventory your assets, make a provision to charities and allocate distributions to your beneficiaries. Why would you need to update your will now? Actually, several events may necessitate revision…. Read More »
