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...
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...
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....
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...
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...
A comprehensive estate plan is essential. While most people in Florida understand that they need a will and maybe a power of attorney or two, not everyone realizes what a trust can do for them. Some trusts can be either revocable or irrevocable, which provide...
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...
Creating an estate plan is important for many reasons. Doing so can ensure that a person's medical choices are respected, assets are distributed according to the maker's wishes and that surviving Florida family members have a clear plan to follow in the wake of their...
You recently moved to Florida, and it's your goal to make friends and spend a lot of time fishing and golfing. Before you do that, though, take the time to review your estate plan. With your recent move, there may be aspects of the plan that you need to address to...
Creating a comprehensive estate plan can be an empowering act. A person must take the time to tackle difficult questions, such as what will happen if he or she is incapacitated and unable to make medical decisions? How does the individual want his or her valuables to...
