Building Your Brighter Tomorrow With Proven Immigration And Estate Planning Strategies
Have you done an online will? If so, you were probably surprised with the ease and the low cost. However, what you may not know is that your new estate plan is likely incomplete. Specifically, it likely lacks any Florida trust instruments, and if you have kids, it may not have sufficient or any guardian…
Selecting an executor or personal representative to manage your estate and make important decisions for you after you are gone is a big decision to make. Those who are planning their estates should think carefully about who they want to select as personal representative. It’s a good idea for them to speak to the person…
We often speak about health care surrogate, powers of attorney and other probate and estate administration matters on this blog. Indeed, last week, we spoke about this very topic, senior healthcare options. And, this week, we will explore more information about these senior healthcare options. Is an advance directive required by Florida law? No. Bluntly,…
The majority of people in Florida probably don’t have an estate plan. So, if you are thinking about getting yours ready, you are ahead of the curve. But, there are many different options when it comes to estate planning, which might seem daunting to some of our readers. However, as long as you can visualize…
Many people are familiar with the concept of estate planning; unfortunately, few people understand the process in detail. For this reason, many estate planning myths have been allowed to fester. Here are three such myths and why they’re wrong. Estate planning is only for the elderly The bittersweet reality of life is that no one…
When Florida residents think of estate administration, they likely think of creating wills and trusts to ensure their assets are distributed according to their wishes after their demise. However, estate planning also includes important documents that tell loved ones what to do in case someone is unable to make important financial and health decisions for…
It can be hard to talk about estate planning. Not everyone is comfortable with discussing what will happen to their assets and property when they die. Those who have thought about estate planning may have talked themselves out of contacting Florida-based estate planning and administration attorneys because they did not think that they needed comprehensive…
A probate court handles matters related to the oversight of people and their assets. For instance, a Florida probate judge may have final say in a case regarding a guardianship or conservatorship. The judge may also make rulings regarding the validity of wills or trusts. Probate courts ensure assets are distributed properly Generally speaking, a…
Creating a customized estate plan that is tailored to the needs and goals of the estate planner is an important step to take. Equally important, yet sometimes overlooked, is the necessity to regularly update an estate plan to keep up with the changes in the estate planner’s life. When to update an estate plan There…
An executor, also known as a Personal Representative in Florida is responsible for managing a deceased person’s debts and assets during probate. The Personal Representative is also responsible for transferring assets to beneficiaries in accordance with a deceased individual’s will. In most cases, Personal Representatives in Florida and throughout the country have a fiduciary duty…
