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...
Estate Planning
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...
The dangers of nominating estate co-personal representatives
Nominating a personal representative to handle your estate when you pass away is vital. He or she will be tasked with making sure your plans are carried out the way you intend and concluding any unfinished business, like taxes and debts. However, in some...
Estate planning that includes your digital assets
Estate planning that includes your digital assets is evidence of how quickly our world is changing. Over the last few decades and certainly in recent years, digital files and methods of storage have changed dramatically. Where you once had CDs and VHS tapes, you now...
Estate planning and the risks of writing your own Will
Estate planning and the risks of writing your own Will bear discussion. The internet is full of websites ready to sell you a template to write your own Will, which seems easy enough to accomplish by yourself. Determining what goes into your Will must surely be as...
Estate planning to reduce probate assets
Estate planning to reduce probate assets is a worthy goal. After all, you spend a lifetime working to acquire assets that can be passed on to upcoming generations. As you establish your legacy and contemplate the future of your loved ones, it is important to consider...
