Executors of estates are often close relatives of the deceased persons, and may not familiar with the tasks involved. In fact, the prospects may seem overwhelming, but estate administrators in Florida need not despair because legal guidance is available. The primary...
Month: January 2017
Estate plans offer control, avoid unnecessary loss
You've heard about the importance of having a will, but important messages bear repeating. Proper estate planning serves a multitude of purposes: distribution of assets and sharing with loved ones are the most obvious, but another reason is that when your estate goes...
Why would a Florida resident draft a durable power of attorney?
A power of attorney is a document that typically forms part of a person's estate planning. People nationwide, including in Florida, usually draft such a document to protect their interests when they become unable to do it themselves. A person would choose a trusted...
How will new SNT law improve special needs trusts in Florida?
In 1993, the Omnibus Budget Reconciliation Act of 1993 (OBRA-1993) was enacted to overhaul Medicaid. This allowed parents, grandparents, guardians or courts to establish self-settled Special Needs Trusts for individuals under 65 years old who have disabilities....
Drafting a to-do list when planning retirement in Florida
Many people go through life making lists to help them plan major events such as weddings and more. Retirement is such an event that needs careful planning, and making a to-do list can ensure nothing is left unaddressed. Florida residents may want to start with giving...