The point of estate planning is to help an individual ensure that one's final wishes are honored after his or her death. By creating a will, many individuals in Florida intend to leave a set of instructions for how they want their assets to be distributed in the event...
Probate & Estate Administration
Estate planning for pets in Florida
Pets are beloved members of many households and are often cared for like any other member of the family. A person does not necessarily have to be of wealthy means to make the pet part of one's estate planning. If individuals in Florida expect that their pets may...
Estate planning includes several factors
Confronting one's own mortality isn't pleasant, but taking steps now can ensure that one's relatives receive the inheritance one chooses for them. Estate planning can also help a person set guidelines for how they want affairs to be handled in the event that they...
Planning for long-term care needs
Looking ahead to retirement, many individuals know that they will need a plan for financing their costs of living and the eventual distribution of their assets upon their death. Unfortunately, sometimes the costs of long-term care is overlooked when people assume...
Estate planning tips: organize and streamline
No one wants to feel like they inherited a mess. Whether physical or financial, the mess can be daunting to a person who is sorting through it while grieving. An individual who wishes to offer a cleaned-up, easy-to-sort-through estate to their heirs may benefit from...
Keeping trust documents updated can prevent frustration
Imagine the frustration that can come with not being able to locate an important legal document when it is needed. Amplify that frustration when the document is found, but is either out of date, incorrect or an unauthorized copy. Estate blunders such as these can...
Include digital assets in estate administration instructions
The volume and numbers of data accumulated by the average human being has increased exponentially in just the last decade. The previous ten years or so has brought the iPhone, Facebook, Gmail and a host of other digital and social media accounts. For individuals...
Understanding probate administration
Understanding the process of how property will be distributed after death can assist one's decisions about planning. If one chooses a living trust, the successor trustee will receive the titles to property. If a will has been created, it is likely that the...
Florida testators weigh the qualities of an executor
In some families, it may be widely accepted that the firstborn child or perhaps the eldest son will handle the estate after the parents pass away. Without much thought, someone may choose an executor based on birth order, but naming an executor is not always that...
Putting your home in a trust can help avoid probate later
If you want to create a trust, then you may already be familiar with a trust's benefits. It protects your assets and also helps your beneficiaries avoid taxation. All kinds of assets can be in trusts. If you'd like to pass property on to your children without having...