Florida recognizes the validity of spendthrift provisions in trusts created for the purpose of benefiting an intended beneficiary. Normally, a beneficiary who is subject to a spendthrift provision is one that is unable to handle his or her money appropriately. There...
Month: January 2015
Writing a living will in Florida
While many people associate writing wills in Florida with aging, the reality is that some types of wills can be useful at any age. Although younger people are less likely to overly concern themselves with the possibility of death, accidents and terminal illnesses have...
Making changes in estate plans
Florida residents may know that setting aside time to structure a viable estate plan allows an individual to provide security for his or her loved ones. It's important to plan for others to handle one's affairs in the event that one is incapacitated or dies. When an...
What is probate?
Some residents of Florida may be concerned about what will become of their assets after their death. Although this can be a difficult question for some families to consider, doing so responsibly can help to mitigate the chance of further complications for one's...
Florida newlyweds and estate planning
After the whirlwind of marriage is over and the dust is settled, most newlyweds in Florida turn their attention to planning for their future. While this often involves financial planning geared towards savings, purchasing a home, career advancement and children,...