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...
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...
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...
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...
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,...
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,...
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...
If you have children under the age of 18, one of your responsibilities as a parent is to make sure their care continues in the event that both you and their other parent die. You do this by appointing one or more guardians for them in your estate plan. According to...
An estate plan serves as a crucial matter for many people. However, most people do not realize that taking care of and maintaining an estate plan goes far beyond its initial creation. Reviewing this plan serves an equal measure of importance. But how do you do so?...
When you first put together your Florida estate plan, you may decide to create a relatively basic plan so that you do not run the risk of dying intestate, or without a will. While a will is an undeniably important part of any estate plan, you may have specific goals...