Creating an estate plan is an effective way to make decisions and give directions on what will happen to your estate after your death. No matter which estate planning tool you use, such as a trust or will, its enforceability may hinge on its features and functions....
Estate Planning
When is it reasonable to remove or replace an executor?
During probate, an executor appointed by the deceased can have significant responsibilities involving the estate and beneficiaries. As someone appointed by the testator to oversee their assets, the person in this role must complete tasks and comply with regulations as...
What will happen to my special needs child when I am gone?
Parents constantly worry about what will happen to their kids when they are no longer around. However, for those raising special needs children, their parental journey includes additional layers of concern. Children with disabilities may require extra care and...
Secure your child’s future and their needs-based public benefits
Estate planning for families with special needs children can be a complex and delicate process. It is not just about protecting the child's well-being and financial security. You would also want to preserve their eligibility for needs-based public benefits....
Will All My Assets Go Through Probate?
People who own large estates, especially those with valuable non-exempt assets worth over $75,000, may worry about what will happen to their estate during the formal estate administration process. Probate is notoriously lengthy and costly. Your loved ones may have to...
Creating An Accurate And Valid Florida Estate Plan
With winter approaching, many older residents in the northern states travel to Florida to spend the cold months. While some make a complete move to the state following retirement, others seek to maintain two households to spend the different seasons. While owning...
Should You Appoint A Loved One As Your Personal Representative?
An integral part of estate planning is appointing a personal representative as your fiduciary and fiduciary to your estate. If you have a will, you name an executor. If you have a trust, you assign a trustee or successor trustee, depending on the kind of trust you...
Understanding Florida’s Homestead Laws In Estate Planning
When it comes to estate planning in Florida, one critical consideration that homeowners must not overlook is the state's unique homestead laws. Florida's homestead laws provide significant protections for primary residences, making them an essential aspect of estate...
Planning for long-term care and Medicaid eligibility
Planning for long-term care is a crucial aspect of estate planning in Florida. Navigating the complexities of Medicaid eligibility and long-term care can be overwhelming. You want to ensure you and your loved ones receive the necessary care without depleting your...
What plans do I need to make for my digital assets?
In today's digital age, many of us have many digital assets, such as social media accounts, email accounts, online bank accounts, and digital photos and videos. These assets can be just as important as our physical assets. It is vital to have a plan in place for how...