When you agreed to serve Aunt Polly as the executor of her estate, she was in good health, so becoming her personal representative seemed years away. Unfortunately, Aunt Polly died much sooner than expected. Here are five tips to help you administer her estate...
While it seems like a chore, prioritizing estate planning helps ensure your family gets taken care of after your passing. Many different factors need consideration during the planning process. Stay aware of the following pitfalls and avoid them as much as possible. 1....
When you settle on an estate plan, you should think not only about what happens after you die but also beforehand. Some elements, such as power of attorney documents, may come in handy while you are still alive. What does a power of attorney do, and what might you...
If you are writing a will, setting up a trust or tackling other estate planning matters, it may be wise to think about your funeral. After all, you can save your loved ones a great deal of heartache and money by paying for your final expenses while you are still...
Your death is undoubtedly going to prove tough on your children, and they may find that they need one another more than ever during that time. However, taking certain steps when it comes to your Florida estate plan has the capacity to divide, rather than unite, your...
A Florida estate plan helps ensure that your wishes for the future come to fruition after you are no longer around to see to it. When you die without having created an estate plan, the responsibility of distributing your assets and tying up other loose ends falls on...
Executors have a high level of responsibility when it comes to managing and overseeing an estate. This process is difficult for everyone, but especially the executor, who acts in a managerial position. What are their exact duties, though? What should you know about...
Estate planning is essential for having a say in what happens to your assets after you die. If you are the parent of a child with a disability, you might have unique considerations that a special needs trust could help you address. Understanding what a special needs...
When looking for an executor for your estate, you will likely gravitate toward someone you know well. For most people, a family member will serve as their first pick. But is a family member your best option? Surprisingly, the answer is not always yes. Trusting your...
While creating and organizing your estate plan may seem daunting, getting information on the topic can help reduce confusion and simplify the process. One of the most common documents in your estate plan is the last will and testament. The last will and testament give...
