by mikelins | Mar 19, 2020 | Elder Law, Estate Planning
The term “Estate Planning” is used to describe the process of evaluating and planning for your needs and desires in the event of your (or if applicable, your spouse’s) death, disability, illness or incapacity. Estate planning seeks to take steps to protect those needs...
On behalf of Lins Law Group, P.A. | Mar 14, 2020 | Estate Planning
An effective way of transferring wealth to family members through an estate plan is by leaving those family members stocks. Though restricted shares and stock options might be severely limited when it comes to transferability, you can award an heir with most stocks....
On behalf of Lins Law Group, P.A. | Jan 10, 2020 | Estate Planning
In Florida estate planning, a commonly used instrument is a “Living Trust” (also called a “Revocable Trust” or a “Revocable Living Trust”). In this blog, we will simply call it a “Trust.” There are multiple benefits...
On behalf of Lins Law Group, P.A. | Dec 13, 2019 | Estate Planning
Estate planning involves having certain documents in place to protect your loved ones and you in the event of illness, injury, incapacity or death. These may include a Will, a Trust, a Durable Power of Attorney and a Living Will, Establishing an estate plan is not...
On behalf of Lins Law Group, P.A. | Nov 20, 2019 | Elder Law, Estate Planning
If you own an IRA account, you will usually name a person as beneficiary to receive the IRA at the time of your death. In most instances, the beneficiary can roll the IRA over into an IRA in the beneficiary’s name and also defer taxes by withdrawing the funds...
On behalf of Lins Law Group, P.A. | Nov 1, 2019 | Elder Law, Estate Planning
In our estate planning practice, clients often ask whether their adult children have a “right” to inherit in Florida. [this discussion is not addressing minor children–their rights can be different]. While the question is a simple one, the answer is...
On behalf of Lins Law Group, P.A. | Aug 23, 2019 | Estate Planning, Probate
Article X, Section 4 of the Constitution of Florida provides protection against the claims of creditors for a person’s homestead, i.e. their principal residence. In essence, if a homeowner owes money to a creditor, that creditor cannot attach or force sale of...
On behalf of Lins Law Group, P.A. | Aug 19, 2019 | Elder Law, Estate Planning
In today’s era of on-line forms, office supply stores, and software, it is becoming increasingly more common for people to try to prepare their own estate planning documents. Whether it is a simple Durable Power of Attorney, a Living Will, a Last Will and...
On behalf of Lins Law Group, P.A. | Jul 19, 2019 | Estate Planning, Probate
Clients sometimes ask this question–often because they are confused about the relationship between their Will and their life insurance policy. After all, doesn’t the Will designate a person’s beneficiaries? This blog will clarify the relationship...
On behalf of Lins Law Group, P.A. | Jun 19, 2019 | Estate Planning, Probate
When a person dies and a formal probate estate must be opened in Florida, the probate court will appoint a person to be in charge of the estate administration. In Florida, this person is known as a “Personal Representative.” In other states, it is known as...
