Pets are beloved members of many Florida families. Unfortunately, they are often forgotten in their owners' estate planning documents because some people may assume that their friends and families will somehow end up taking care of them. However, unless people outline their wishes for their pets in their trusts and other estate planning documents, they cannot be assured that their loving companions will be cared for.
Due to Father's Day, June is a month that many Florida residents may think about their families. One of the best ways for a father to honor his family and provide what they need is to develop a comprehensive estate plan to help provide for children if anything should happen to him.
As many Floridians know, being rich and famous isn't a guarantee that estate planning will be painless. In fact, a will, or the lack of one, has made for gossip fodder for more than one celebrity. In reality, any person with a reasonable amount of assets needs to consider estate planning.
Due to the increasing use of the Internet to store personal documents and media and to communicate with others, it has become important for Florida residents to make digital assets a part of their estate planning. When people think about estate planning, their minds tend to go to things like wills or estate taxes, but digital assets can also have emotional and monetary value. If someone does not make plans for these assets after their death, they may be lost.