When you think about your estate plan, do you consider the aspects of an estate plan that may kick in while you are still alive? Thinking about a future where you might not have the capacity to make decisions for yourself may be difficult at the time, but it is better...
Estate Planning
Estate planning considerations when you have a blended family
Estate planning is a complex venture for everyone, but it can become more complex when you have a second marriage with children. When it comes to estate planning, there is no guarantee that everyone will be happy with your choices, but you can make sure that you feel...
3 things to share with your personal representative
When you appoint someone to be your personal representative in Florida, you place a good deal of trust in this individual. It requires a high degree of attention and responsibility to serve as someone’s personal representative, and the moves this person makes while...
How spendthrift provisions work in Florida trusts
When you work on your Florida estate plan, you may have several goals in mind. Most people who create estate plans want to figure out how to maximize the legacy they leave behind so that it is most beneficial for those they love. However, if one or more of your...
Why you need an estate plan if you never had kids
Many people in Florida wait to make estate plans until they experience some type of major life event, such as a marriage or the birth of a child. Yet, waiting to create, or failing to create, an estate plan may lead to unintended consequences. An estate plan is an...
Reasons to set up a special needs trust
Whether you struggle with a disability and worry about your financial future or you want to make sure that your disabled loved one receives the support they need down the road, a special needs trust could provide peace of mind. It is important to review the ins and...
Who should you choose for your personal representative?
When estate planning, you will need to choose a person to act as your personal representative. For instance, you will need an executor to carry out the terms of your will. Many people also pick a power of attorney, which is a person who can make medical and financial...
How can you avoid mistakes with beneficiary designations?
While your last will and testament is an essential component of your estate plan, it is not the only tool in your arsenal. Many assets have beneficiary designations, which list the beneficiaries that you wish to receive those funds after you die. Retirement accounts,...
What to include in and exclude from your will
Estate planning provides peace of mind that whatever happens to you, your affairs are in order and your survivors have what they need to carry out your wishes. A will is one of the most basic end-of-life documents and the foundation of many estate plans. Nevertheless,...
Planning for your funeral ahead of time
It may feel easy to focus on your physical wealth, quality of life health care choices and who inherits what after you die. Another thing that goes a long way to providing stability to your grieving loved ones is having a funeral plan you helped write yourself. By...