Why Will Planning Is Essential For Florida Estates
When we die, we not only leave our loved ones behind, we also typically leave behind a number of assets. These may range from bank and investment accounts to family heirlooms, and many people in Florida and elsewhere often assume that their loved ones will divide these assets in a fair and reasonable manner prior […]
Estate Planning: Death Doesn’t Make Appointments In Palm Beach
Death does not operate on a schedule. It doesn’t matter what plans we have set forth for a particular day, week or month – death usually does not make an appointment. The same is true for people in Palm Beach and all over the United States, all over the world for that matter. A recent […]
Will Planning In Palm Beach County: Some Things To Remember
If you already have a will in place, you’re ahead of the curve. In fact, most people in the U.S. find themselves ill-prepared when it comes to end-of-life planning – residents of Palm Beach County are no exception. Unfortunately, having a will is only a fraction of the documentation necessary to be fully prepared for […]
Guardianship In Palm Beach County: Terminology Often Confusing
For years Palm Beach County citizens who have gone through the judicial system have been thoroughly confused due to the large array of legalese bandied about during probate court proceedings. This language, whose origin dates back generations, has long been utilized to clarify certain aspects of court proceedings by trained legal professionals. Despite the clarity […]
Living Wills For Florida Individuals 18 And Older
Individuals in Florida who are 18 or older should consider making a living will. This is not just a document for people who are older or in ill health. An accident or serious illness can happen at any time, and with a living will, loved ones will know an individual’s wishes for their medical care […]
Wills Are Essential For Any Estate Plan In Florida
Planning an estate requires various legal documents which helps instruct an estate’s executor in properly allocating assets to intended heirs after a person passes away. Each legal document fulfills particular estate planning purposes in Florida or in any other state. Wills are legal documents which are particularly important for just about all estate plans. However, […]
Wills help to keep conflict among children at bay in Florida
Parents, following their deaths, typically do not want their kids to fight one another over their inheritances. Unfortunately, these kinds of conflicts often take place in Florida and other states because parents have neglected to create wills. This is particularly a problem when parents have loaned or gifted money to one kid and not to […]
Florida Law Of Intestacy
If a Florida resident dies without a will, the state intestacy statute determines how the decedent’s assets will be distributed. If there is a surviving spouse with no living descendants or only descendants in common with the decedent, the surviving spouse receives all of the estate. If the surviving spouse has at least one descendant […]
Changing A Beneficiary In A Will
In Florida, after people write wills, there are sometimes changes in circumstances that necessitate making changes to the beneficiaries of the will. Sometimes people have a child after the will was written. In other cases, a person gets divorced from a spouse that was named as a beneficiary in the other will. Whatever the reason […]
What Is A Living Will And Do I Need One?
Most people in Florida may have heard of living wills, but they may be uncertain what the term means or whether it should be part of their estate plan. Essentially, a living will is used in order to allow makers to plan the type of care they wish to receive in the event they are […]