When your parents age, you may begin to notice that they have a harder time managing specific affairs than they did earlier in life. If you have genuine concerns about a parent’s emotional, physical or financial well-being, you may need to take action. Per AARP, you...
Estate Planning
When should I consider getting a financial power of attorney?
Some aspects of your life seem so simple and routine that you cannot imagine the inability to do them. Tasks such as paying your bills and managing your mail are typically not things you worry about delegating. Life is unpredictable, and its unpredictability can leave...
Is equal distribution between children essential in estate planning?
When you begin to think about distributing your assets after your death, it can be challenging to know which assets to leave to whom. Discussing this with your family before developing an estate plan can make matters more complicated. While your loves ones may have...
Should I change my estate plan after a family disagreement?
Every family has disagreements. In some families, arguments take place just about every time they get together; for others, disagreements are rare. While tempers are still high, you may decide to change what a family member will receive after you pass away. Here’s...
When should a power of attorney be part of my estate plan?
Typically, when considering an estate plan you probably think about a will and possibly a trust. After deciding what you will leave behind for loved ones, these documents nominate those you have chosen to handle important matters after you pass away. An estate plan...
What are the advantages of a having a trust?
Developing your estate plan can be quite confusing. Over the course of your life you may have heard people mention trusts, but never considered whether a trust would fit into your estate plan. While there may be pre-conceived notions about trusts in the media and...
What happens to my medical expenses after I die?
As you make plans to determine who will receive your assets after you pass away, there are some factors you may not be able to control.In many cases, as people age their medical expenses rise. While you may be in good health now, you have no way of knowing what...
Electronic wills coming to Florida in 2020
In the age of technology almost everything within reason is available online or electronically. Many people easily access their bank accounts through phones or computers. Recent advances in technology even allow individuals to pay for items electronically.Nowadays,...
What is a holographic will and is it valid in Florida?
No matter how old you are, writing a will seems like something you can put off until "later". While you may have good intentions about what you want to leave to your loved ones, it could be difficult to actually complete the task.Movies and TV shows sometimes depict a...
What is a letter of instruction and do I need one?
Creating an estate plan can include documents that address your end of life plans as well as what you want your loved ones to receive after you pass away. Some estate plans are incredibly simple, while others can be very complex.No matter what your situation, some...
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