Protecting
Your Legacy
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...
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...
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...
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,...
Writing a will can bring people in Florida peace of mind that their wishes will be known after they pass away. Creating a will is an important part of estate planning, but there are some life changes that make reevaluating and modifying one's plan a prudent course of...
While a will may serve the estate planning needs for most people, it may not be sufficient for everyone. Some individuals want or need more control over the distribution of their assets than a will can provide. In those situations, a trust can be a helpful tool. Some...
There are many different types of trusts that a person may establish. The trusts may be divided into two broad categories. Revocable trusts allow people who set them up to control the trust assets. These trusts can be amended or terminated at any time. Irrevocable...
Most people use wills to distribute the assets and property after death. However, sometimes a will may not have been updated to reflect changes in the person's family. In other instances, a descendant or surviving loved one may have a serious dispute with the will's...
An estate plan could fall apart if a beneficiary form is not filled out properly. For instance, failing to update a beneficiary form could result in a first spouse or deceased relative receiving assets. If a beneficiary passes on prior to receiving assets, a judge...
There are many advantages of setting up a trust in Florida. It is not something that is limited to those individuals who are wealthy. Meeting certain circumstances and having a net-worth of $100,000 or more is reason enough to look into the benefits of a trust....