Estate planning (and the eventual distribution of assets) has as much to do with your parents as it does with you. While your parents will make plans for their money and other property, you (and other loved ones) will be part of the asset distribution process. Often,...
Estate Administration
How do gifts at death impact an estate plan?
It can be frustrating trying to decide how to create your estate plan. You may consider what people will expect, or you might worry that they will be sad, angry or frustrated by what you left them. Your decision to change what you pass on to your loved ones could...
When is a trust invalid in Florida?
For years, you have worked hard to build an incredible life for your family. Leaving part of your estate for your loved ones can be an essential part of why you do what you do. A trust can be a valuable tool for passing on part of your legacy. However, when your...
Could my end-of-life expenses wipe out my estate?
Your estate plan is a way for your legacy to live on and to support your loved ones, even after you pass away. After years of planning, you want your friends and family to have the assets you worked hard to leave for them. Unfortunately, medical care is often an...
What happens when there is more than one will?
Going through the process of probate for your loved one can feel overwhelming. While the process should be a way to ensure your loved one's estate goes to the correct beneficiaries, some issues can cause complications. Your loved one knew it was important to draft a...
The importance of selecting a successor trustee
Navigating the complexities of a revocable living trust can present numerous challenges. When it comes to naming a successor trustee, not just anyone can take on this important role. The trustee must be confident that the individual can handle not only the...
Financial Support Options Following a Tragic Loss
The death of a loved one is a traumatic moment for family members grieving a monumental loss. Whether a spouse, mother, father or other relative passed away, life has changed dramatically. The future is suddenly uncertain. For those who relied on them financially,...
A Significant Responsibility During Tragic Times
Being appointed as a personal representative of an estate comes during difficult times. A tragedy occurred followed by a loved one’s death. The appointment represents significant responsibilities, specifically overseeing all aspects of the probate process. What Is a...
A Violation of Trust During Probate
The death of a loved one combines emotionally-charged issues with necessary legal steps. While dealing with a tragedy, the gathering of assets, paying debts, and the filing of tax returns are necessary and important parts of moving forward. An initial and significant...
When is it better to hire a fiduciary for my estate?
People often think of naming family members or other loved ones during the estate planning process to handle the administration and distribution of their estate as a personal representative. This is an integral part of estate planning and often conveys a significant...