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Planning. Preparation. And Acting With Purposeful Intent.
One of the things that you may want to do when you start estate planning is to look into ways that you can avoid or minimize probate. Probate can be costly and time intensive, so it makes sense to want to eliminate the risk of your family having to go through it after...
Compared to other states, Florida’s climate is fairly warm. This means a lot of sunshine, which attracts a lot of visitors to the area and generally encourages residents to get out and about. While the sun’s rays are pleasing to most people, they do present some...
We often have clients ask the question whether a Will or Trust always controls the distribution of their assets. The fact of the matter is that they do not always control. Here are two categories where neither the Will nor a Trust would govern distribution:...
There are a lot of things to consider when you're making an estate plan, from what future medical decisions you want to make to how you're going to divide your assets between your heirs. People often tend to focus on big-ticket items like an investment portfolio, a...
Planning for what happens to your estate once you are gone is a step in the right direction. However, it should not be a one-off event, and you need to continually update your estate plans in line with the changes in your life. While it is advisable to revise your...
There are actually risks associated with being the executor or personal representative of someone's estate. You probably considered those risks when deciding if you wanted to accept that responsibility. Some of the better-known risks include the amount of time you may...
Sometimes young adults do not think they need to do estate planning. A common mindset is “I’m in good health and I’m young, so why do I need to do any estate planning?” For those persons with minor children (who are under age 18), this is a very dangerous and...
Any dog bite can be problematic and require serious medical care. Bites can even be fatal in some cases, especially when they occur to the neck or head area, and anyone with severe injuries needs to seek medical attention right away. That said, some bites appear not...
In previous blog entries, we’ve discussed the use if a “separate writing” in Florida estate planning. A person may refer to a separate writing in his or her Will or Trust. The separate writing allows a person to gift their personal property such as jewelry, furniture,...
If this is the year you finally put an estate plan in place, good for you! It’s an important endeavor that requires a lot of careful thought – and legal guidance. One thing that too many people who try to rush through the process and just get something in place forget...
