Discussing Will And Estate Planning With Loved Ones Is Important
It is no secret that warmer southern states, including or especially Florida have a high number of retirees. But people of any age are often reluctant to talk about estate planning with their loved ones. It is generally an emotional subject which can also be scary as well. No one wants to consider their own […]
Will Planning In Palm Beach County Requires Careful Attention
On May 16, in a post titled “Will planning in Palm Beach County: some things to remember,” we told you about some important things to recall alongside the will drafting process. In addition to those things, new reports indicate that closer attention to the will planning process may be beneficial to estate plans. Palm Beach […]
Estate Planning In Florida Should Include Digital Assets
One must consider a variety of factors when planning an estate. Individuals in Florida and elsewhere will have to decide what they want done with their money and their property. Some of the assets which need to be dealt with include real estate, vehicles, stocks and bonds along with personal items. However, assets which are […]
Pet Owners Can Use Wills To Provide For Pets In Florida
Pets are like a part of the family for many people. In fact, many individuals treat pets as if they were their children. This is why some pet owners decide to include their pets in their wills. One wealthy businesswoman, who was known for making a fortune owning hotels, famously left her Maltese dog $12 […]
Estate Planning Can Benefit Those With Modest Income In Florida
Many consumers neglect to create an estate plan because they believe planning an estate is only beneficial for those who are wealthy. They believe this because the current estate tax laws only affect a small percentage of the wealthiest in Florida and elsewhere. However, estate planning is not only designed for wealthy people to avoid […]
Will Planning In Florida Is Important, Even With A Trust In Place
A trust is used to keep assets out of probate once a person dies. This legal document places one’s assets in the control of a specific individual or entity usually chosen by the decedent. Many people in Florida and other states believe that since a trust is supposed to avoid probate, they therefore do not […]
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 […]
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 […]
Important Reasons For Changing A Will
Creating a will is difficult for some people, and it may be tempting to not think of the document again after it is finalized. However, there are important times when Florida residents may need to reevaluate a will or make edits that reflect significant life changes. Children, parents or siblings may inherit an estate when […]