You likely put considerable thought into naming beneficiaries and getting your finances in order for your Florida estate plan. If you are like many individuals, you believe that naming your oldest child or best friend is the right move when naming a trustee. However,...
Even if an elderly parent requires more care than you can give, moving her to a Florida nursing home may adversely affect her health and well-being. During the transition period from living in her own home to a care facility, determining if issues are detrimental to...
Probate is the handling and distribution of a deceased individual's estate. Tasks in this process also include paying taxes and carrying out any specified instructions in the will. According to Forbes, close to half of the U.S.'s over 55 population has yet to get...
There are a myriad of decisions to make when creating a comprehensive estate plan in Florida. In addition to choosing guardians and beneficiaries, it is critical to select the right administrator to oversee matters of your estate once you pass. If you do not name an...
Purchasing a new Florida home is a great way to build wealth, but if you are not careful during the home-buying process, you may wind up with a money pit. Along the way, you may need to make offers on a contingent basis, meaning you plan to purchase a home if, and...
Having a comprehensive estate plan is paramount for ensuring that your assets get passed on to your beneficiaries in a timely manner after your death. Many people are familiar with the role a will can play in this process, but living trusts can help you disseminate...
The hope os many in Florida engaged in the estate planning process is that their plans will help limit the liabilities levied against their estates once they are gone. Yet many might assume that no matter one's plans, their estate will still be subject to tax. Yet...
One of the most important parts of creating your estate if you have children is naming a guardian for them. The Florida Courts state that a guardian is someone who can make personal and/or financial decisions for a minor, and the court appoints this person. Although...
You may have a family member who depends on you for support, perhaps an incapacitated parent or a disabled child. If so, you may have given some thought to providing for this individual after you die. A special needs trust is an effective way to secure your loved...
Florida state laws oversee all matters related to estate planning. The careful oversight ensures that no abuse of the system occurs. This allows you to follow a plan in peace knowing your loved one's wishes get fulfilled. However, every system has its flaws and there...
