Guardianship is an important part of the estate planning process. It is the act of giving someone the power to protect and care for you or your children, depending on the circumstances. In elder law, guardianship refers to appointing someone who will care for you or...
Month: January 2018
Remember the art in the estate plan
Many individuals, from the everyday collector to the wealthy investor, may overlook the method for transferring their collections upon their passing. One popular item that people collect is art. Art can appreciate in value, and transferring the art could potentially...
Using a trust to transfer assets
When it comes to estate planning, individuals have several options and many details to consider. One way to transfer assets to beneficiaries or heirs is through a structure called a trust. A trust has certain benefits for Florida residents who are looking into the...
Trust planning: Avoiding common pitfalls
When individuals approach preparations for the distribution of their assets, it is likely that they wish to avoid any situations that could lead to confusion about their final wishes. Whether a person creates a will, or dives deep into trust planning, once the effort...
Long-term care needs can be offset with careful planning
At the end of life, some individuals find that they need increased support to live their daily life. A person whose health is in decline may find the need for assisted living or long-term care. Some individuals in Florida may be wondering how to pay for their...
3 reasons dying without a will hurts your family
With a new year comes a fresh start, and one good thing to do is to consider your estate planning needs. Estate planning is necessary, since it dictates what happens to your assets if you pass away. If you don't have an estate plan, your estate will fall under state...