Writing a will often involves focusing on high-value assets, or at least property worth something financially. Of course protecting valuable assets is important, but what about items with little monetary worth but significant sentimental value? Ignoring...
Estate Planning
Estate planning when you think you will outlive a pet
Cats and dogs are no longer viewed as just pets that hang around the house. Increasingly, pet owners are treating their beloved animals as members of the family. Even a quick scroll through popular social media platforms will yield dozens of photos of pets with cute...
Want to build lasting wealth? Start discussing your estate plan
Amassing a certain amount of wealth is one thing -- making it last through subsequent generations is another. Florida residents often create carefully crafted estate plans with the hopes that wealth will not only benefit their children, but also their grandchildren...
Yes, your Facebook login information belongs in your estate plan
Life without the internet can be hard to imagine. Most people in Florida have at least one or more social media accounts, email accounts and more. Important documents or family photos that were once stored in a physical location are now saved to the cloud....
Estate planning to protect your retirement savings
Having a will is a great first step to creating a comprehensive estate plan. However, these important documents may not be as effective as intended if Florida individuals do not regularly review and update their contents. More than just going down the list of...
Why do I need an estate plan if I’m not rich?
Many of the discussions that revolve around estate planning involve preserving wealth or protecting complex assets from probate. These topics are important, but they may also make some feel as if this process does not apply to them. This is untrue as virtually...
Aretha Franklin did not do any estate planning, family says
Musical icon Aretha Franklin was beloved by many people in Florida, and her recent passing left many feeling incredibly sad for the woman and her family. However, some fans were surprised to learn that Franklin apparently did not engage in any type of estate planning....
An asset protection trust could help you protect your savings
As you age, you may begin to understand the importance of protecting the life you've built. You have many assets you've collected over the years, and you need to know that they're safe against liquidation or sale when you age and need care. You want to protect your...
What do new parents need in their estate plan?
The birth of a new child is a joyous occasion, but it can also be a frightening one. Will your child be taken care of if something happens to both you and your significant other? Who will care for the child, and what funds will go towards...
How intestate law will handle your estate
When a person dies without a will, intestacy law takes over. The person's estate is considered intestate, and a state statute dictates how the person's assets will be distributed and to which heirs. While most people in Florida associate the word heirs with...
