Complex Legal Challenges
In our estate planning practice, we regularly have new or prospective clients who will meet with us, give us their information, and ask that we prepare estate planning documents for them. We then will prepare draft documents to send them for review. Once the documents...
A fiduciary is a person or organization entrusted to act in the best interests on behalf of another. Legally and ethically, the fiduciary owes their client a duty of care by acting in ways that always put the client’s interests first. In estate planning, which is the...
Any day when people head out to celebrate makes using the roads more dangerous. Halloween is no exception, and it has some particular hazards that other dates do not. An analysis of the National Highway Traffic Safety Administration (NHTSA) crash statistics found that...
A trustee has important duties overseeing assets within a trust. Tasks include paying taxes, following the trust’s terms and providing regular distributions to beneficiaries. However, sometimes, a trustee may neglect those and other duties, placing his or her...
A Qualified Income Trust (QIT) is an instrument that's designed to help aging adults in Florida qualify for benefits even though their income is greater than the limit for Medicaid approval. It exists to help seniors cover the costs of staying in nursing facilities....
It’s very important to plan for your future. If you want to make sure your Florida estate is taken care of and your assets get passed down to those you want to get them, you should start estate planning now. You should know about the benefits you can get from doing...
A Durable Power of Attorney (“DPOA”) is a written legal instrument signed by one person, known as a principal, appointing another person, known as an agent, to act on the principal’s behalf. Most such DPOAs enumerate specific powers which the agent may exercise. For...
Entrepreneurs in Florida must plan their personal estates to account for their public businesses. Different industries have different laws, but the business itself or its assets can be protected in your estate. Your wishes regarding who leads your business and how...
Now that you have rolled up your sleeves in preparing to create an estate plan, you need to strategize and make crucial decisions. Among them is naming an executor – the person who will settle your estate, work with attorneys during probate, pay any outstanding bills...
Estate planning requires deliberate work to make things less complicated for relatives and beneficiaries. A single person with no children might not think estate planning is necessary. Likely, that's because the person doesn't understand the complete picture of estate...