While making an estate plan, you may be trying to figure out the best way to leave an inheritance to a beneficiary who is chronically ill, has a disability or has some form of special needs. You want to ensure that your money can actually help them in the long term...
You can create your estate plan in such a way that you control when a person gets their inheritance. If you would like, it is possible to delay this distribution for some time after your death. For example, say that your estate plan includes a beneficiary who is 18...
Wills provide instructions regarding the distribution of a person's property after they pass. Adults in Florida generally have the legal right to draft wills clarifying their wishes and naming their beneficiaries. However, for a will to serve its purpose, it must...
An inheritance can improve a beneficiary’s quality of life and remind them of the loved one that they’ve lost for many years to come. Unfortunately, inheritances can also damage family connections. Disputes among beneficiaries can tear families apart and significantly...
It can be hard to consider a future where you cannot take care of yourself. However, age and medical conditions can make it difficult for people to make decisions in their own best interest. When drafting an estate plan, it may be crucial to include a power of...
All adults should have an estate plan in place that allows them to provide their wishes for their assets when they die. This plan does much more than that. It can also set the terms for someone to have power of attorney over that individual’s finances and their...
An A-B trust often aims to protect your assets and help ensure your loved ones can access them without the delays and costs of probate. However, even small oversights can unintentionally force parts of your estate through the probate process. There are steps to be...
If you have minor children, relying solely on a will to pass down your estate may not be enough to protect their future. For starters, minors lack the legal capacity to own or manage significant assets, which means a third party will handle those responsibilities....
When people think about estate planning, they often picture a single document or a last-minute decision. In truth, a complete estate plan is a collection of carefully prepared documents that work together to protect your wishes, loved ones and legacy. Whether you're...
Testamentary capacity refers to a person’s legal ability to make a valid will. In Florida, the law requires that the person understands the nature of drafting the will, the extent of their assets and the natural beneficiaries of their estate. The person must also...