Planning for the future involves more than deciding what happens to your assets after you die. A comprehensive estate plan can also protect your interests if an illness or injury leaves you unable to make decisions for yourself. Two important documents that can help...
Leaving someone an inheritance is one thing. Making sure they use it wisely is another. You may worry that a young beneficiary will spend their inheritance too quickly or that a loved one struggling with addiction will use the money in ways that ultimately hurt them....
Relocating your family to Florida may mean more than moving your belongings. It also means bringing any existing estate documents that were created under another state’s laws. While these documents may still hold value, they likely need updates to comply with...
When a deceased loved one holds assets in Florida, their estate must go through the state's probate system even if you live elsewhere. Known as ancillary probate, the process involves managing a decedent's affairs from another state. Ancillary probate applies when...
A minor child in Florida cannot simply take direct control of an inheritance. If a parent leaves assets outright to a child, the family may need a court-supervised process to manage that property until the child becomes a legal adult. A living trust allows a parent to...
When a loved one dies, beneficiaries often want answers. They may wonder what happened to the estate's money and property. They may also want to know when they will receive their inheritance. A formal estate accounting can answer many of those questions. What is a...
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...