Estate planning is an important task that is often neglected. Residents of Florida who have their plans in place may not realize the importance of revisiting them from time to time to keep the documents current. A woman recently told her story to underscore the consequences of estate plans that were never updated after the original draft.
Some people find it difficult to consider or discuss their own mortality. However, it might be worth planning for the time that may come between a healthy life and death. Many people suffer from cognitive deterioration that could render them incapacitated, and planning a comfortable way of life for that period is possible. Estate planning lawyers in Florida can assist with adding what is referred to as a red file to other estate-planning documents.
It took you 20 years to build your company. You started with nothing but a dream, and now the company is valued at $1 million. You've put in so much of your own time, money and effort, really giving everything you have to the company. You're proud of it.
Most parents in Florida who have children with special needs are concerned about the welfare of their kids when they are no longer there to provide care. However, parents must approach this matter with care to avoid jeopardizing the child's access to government benefits. Fortunately, special needs trust attorneys can provide legal support and guidance to put safeguards in place designed to protect special needs children that might outlive their parents.
Most parents have special items -- often items without significant value -- that they want to leave to particular children or grandchildren. These can include furniture, jewelry, paintings, books, dishes or even pets and more. Wills do not typically include these personal items, and Florida authorities say emotional attachment to such property can often cause contention between siblings or grandchildren.