Many believe the only goals of estate planning are to account for an individual's assets, and the distribution of a person's estate to intended heirs and beneficiaries. A comprehensive view of estate planning encompasses a broad scope of matters - including questions...
Florida residents who ready are to relinquish their guardianship duties should make sure that they take the proper steps. Guardianship duties can be relinquished if the court restores some or all of the ward's capacity or rights. It will be necessary to file with the...
Some people may think of writing a will as a fairly straightforward process, but there can be a number of nuances in the process. For example, like most states, Florida does not recognize either holographic wills or nuncupative wills. The former is a will that has...
As Florida residents enter the later years of life, they might think about creating an estate plan. This process frequently involves writing a will, but people should be mindful of how their heirs might respond to their decisions. Squabbles and outright legal battles...
The recent deaths of prominent and even legendary musicians has emphasized the importance of estate planning to many in Florida. Aretha Franklin died in August without a will, despite having an estate worth approximately $80 million and a valuable music catalog with...
A Florida resident who is creating an estate plan might want to leave a portion of their assets to charity. However, it's important that they do so in a way that lowers the overall tax burden.As an example, a person might have three major assets that are worth $1...
According to a new survey from Caring.com, nearly 80 percent of millennials do not have a will. It's also common for younger or childless and unmarried individuals in Florida to procrastinate or not see the importance of making estate plans. Part of the reason for...
It is important for small business owners in Florida to have an estate plan so that their intentions for their businesses are clear. If there is no estate plan, the business along with the rest of the estate could be caught up in legal proceedings for a year or...
People in Florida thinking about the future may want to consider how they can improve their existing estate plan in order to protect generational wealth. There are a number of key documents that everyone should have in place, such as wills, health care proxies,...
The number of people in Florida who own digital assets is increasing rapidly, and so is the impact of such assets on estate planning. For people who own cryptocurrency or online contact lists, the question of whether and how to include these things in an estate plan...
Subscribe To This Blog’s Feed