Estate Planning

Dying without a will is one of many potential estate planning mistakes a resident in Florida can make. When a person dies intestate, it can be more difficult for heirs to get their inheritances, and property could end up going to the wrong individuals. Even if a...

According to a news report, the heirs of former rock star Prince have not yet received their inheritances. Prince had an estate worth approximately $200 million when he died. Florida residents may be interested in learning that Prince never established an estate plan....

Florida residents may not like the thought of reviewing their estate plans; for many people, thinking about their deaths isn't a pleasant experience. However, failing to review an estate plan could result in gaps that make it harder for a person to have his or her...

Email accounts, social media profiles and cryptocurrency are just some of the more common digital assets for people in Florida. Someone building an estate plan should include information about how to access online data because finding passwords after a death can prove...

Even the healthiest Pennsylvania residents know they will eventually pass away. Loved ones left without clear directions may have difficulty in determining the way forward regarding assets and belongings of the deceased. With even limited estates, it is common for...

People in Florida may be wondering how best to care for and protect their spouses after they pass away, especially with the many estate planning options available. One concern that many have is how debts will be handled after their death. There is a great deal of...

While a Florida resident may have an estate plan, that plan may not necessarily be effective. For example, the estate plan could be missing some components. In addition to a will, an estate holder should consider financial and health care powers of attorney that...

Florida residents and others may make it easier to settle an estate by being organized. This is true of both the physical estate and the legal or financial documents that are part of it. Instead of letting items accumulate over time, it may be a good idea to have a...

There is no magic age at which an individual in Florida or elsewhere becomes competent enough to handle money or other assets. Therefore, there may be no harm in leaving assets to an adult child in a trust as opposed to transferring them directly to that older son or...

Florida residents who are preparing estate plans should be aware of any potential creditor issues with beneficiaries. The reason for this is that a creditor may be able to seize a debtor's inheritance. This was a dilemma that recently occurred when a mother left her...