When it comes to estate planning, you need to ensure that you have covered all the bases. Having a comprehensive estate plan in Florida means more than just writing a will. However, with all the complexities involved, it is easy to overlook some of the important...
Estate Planning
Can you select an out-of-state executor for a Florida estate?
Choosing an executor for an estate is a crucial part of estate planning. The executor will oversee the probate process, distribute assets and settle the estate's debts. Therefore, it is essential to choose a trustworthy individual for this role. A common question...
How should you choose agents for power of attorney?
A power of attorney is a document that gives agency to another person to make decisions for you if you become incapacitated. There are two main types of power of attorney to draw up: financial and medical power of attorney. When choosing agents for your power of...
Protecting your healthcare with an estate plan
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 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...