Facebook Twitter Google+ LinkedIn Has anything happened in the last ten (10) years of your life? Seems like a silly question to ask, but if your estate planning is more than ten years old, it likely isn’t an accurate reflection of your life today or the laws of your state of residence. As the commercial […]
Category Archives: Estate Planning
8 Important Points About Your Durable Power of Attorney
Facebook Twitter Google+ LinkedIn A durable power of attorney is designed to solve certain problems for individuals and their families – not create them. Making rushed decisions about this without considering the full legal consequences can create confusion, delays, and conflict in the family. If you carefully consider your options beforehand and take time to […]
What are the Differences Between Wills and Revocable Living Trusts?
When you start thinking about estate planning in Florida, the terminology can be a little intimidating: wills, trusts, powers of attorney, advance directives, living wills… It can get confusing. There are important differences between these estate planning tools, each accomplishing a different task (or multiple tasks in some cases) within a comprehensive estate plan. Think […]
The Dangers of Do-It-Yourself Estate Planning
Facebook Twitter Google+ LinkedIn “Can’t I just make my will online and transfer my assets over to my kids when (or before) I die?” This is one of the most frequent questions we get asked. Do-it-yourself is a strategy that can be successfully applied to a great many things in life. Unfortunately, it is rarely […]
How Long Should I Keep These Documents?
In this day and age, it’s not uncommon to become inundated with bank stubs, receipts from purchases and other documents or scraps of paper of varying importance. While we cannot (and should not) hold on to everything, understanding which documents should be kept secure and safe and which documents can be replaced or are unnecessary […]
The Role of Life Insurance in Estate Planning in Florida
Creating a sound estate plan provides not just security for your family and loved ones after you die, but peace of mind for you while you are alive.
Estate Planning with No Heirs
If you are single or in an unmarried relationship and do not have children, there is still plenty you can and should do to ensure your property and assets are handled according to your wishes after you die.
Trustee Obligations in Florida Trust Administration
A person or entity granted administrative control of a trust is called a trustee. If you have been appointed as a trustee in the Sunshine State of Florida, you have obligations under the law regarding administration of the trust.
Reducing Exposure to Estate Taxes in Florida
Many people retire to Florida because it has the reputation of being a tax friendly state. For example, there are no state income taxes in Florida, which means pensions and retirement plans are free from taxes.
What is a Living Will and Why Do You Need One?
A living will is a written directive that allows you to state your wishes regarding what sort of end-of-life care you want to receive. Florida law recognizes the right of any capable adult to create a living will, which can then be used if that person becomes incapacitated and unable to communicate their wishes to their doctor and loved ones.