Protecting
Your Legacy
When families fight over estate administration, large assets are often what cause their disagreements. The home of the deceased individual could become a point of contention. The property could be at risk due to creditor claims, tax obligations or even Medicaid...
Some people wonder what their family and loved ones will do with their inheritance. Will they use their inheritance to start a business? Will they fund their college education using their inheritance? Will their inheritance be wasted on poor investments? If you are...
Many adults have debts, and they may not think much about them. One thing that all adults should remember is that their debts don’t just disappear if the person dies. This can leave the decedent’s loved ones scrambling to figure out what to do. Creditors have the...
Many older adults prefer to age at home, surrounded by familiar spaces and trusted faces. Often, a family member or close friend steps in as a caregiver, promising to provide help in exchange for future benefits. At first, these arrangements feel natural, born out of...
Florida is a prime winter haven, and thousands of nonresidents buy homes, condos or investment properties here every year. While your current will or trust handles assets in your home state, it often hits a major roadblock when dealing with Florida real estate. Owning...
A quick look at statistics shows that many people are waiting to make their estate plans. After all, the majority of Americans do not have an estate plan yet, and one of the top reasons is that they claim they just have not gotten around to making one. It is not that...
Probate proceedings are usually necessary when an adult dies. Surviving family members often initiate the probate process by filing paperwork with the courts. Typically, they must locate estate planning paperwork, including the will of the deceased individual. In some...
If you haven’t looked at your estate plan in a while, you’re not alone. Many people create an estate plan and tuck it away, assuming the job is done. On paper, it might look like you’ve taken care of everything, but the reality may be very different. An outdated...
If you have an estate plan in place (even a simple will), your spouse is likely mentioned multiple times. That means if you’re divorcing, you’ll need to review your estate plan as soon as possible to determine what changes you want or need to make and the appropriate...
When estate planning, it is very common to think about assets that have a lot of financial value. This could include a life insurance policy, a family home, a vacation property, commercial real estate, an investment portfolio and things of this nature. And it is...
