Estate Planning

The probate process has many pros and cons for those who live in Florida or elsewhere. Some of the benefits include the ability to challenge a will and the fact that probate can verify who has the title to a given asset. Probate is a public process, which means that...

Florida residents can use a tailored estate plan to direct how their assets should be distributed. Furthermore, a plan could ensure that a variety of wishes are honored after they pass. Individuals can specify their end-of-life decisions, funeral arrangements and who...

Business owners often have a good idea of who they want to run the company after they pass away. However, these plans may go for naught if they not written down. Estate planning tactics may make it possible for Florida business owners to ensure that their companies...

Having an estate plan is important for everyone, but in the absence of children, it becomes even more critical. In most cases, children are natural heirs when their parents pass, so the absence of a will may not impact the ultimate result. For Florida singles and...

Blended families are not unusual in Florida. While many stepparents manage to get along just fine with their stepchildren, conflicts can arise. If families cannot work out their differences, problems may resurface after the parent of the adult children dies or becomes...

Estate planning isn't just a plan for what happens after a Florida resident dies. Sure, a will that will be executed after a person dies is important to have, but it's only a part of the estate planning process.A good estate plan provides for a living person who may...

Florida residents should routinely check on their estate plan to ensure that it meets their needs. Ideally, an individual will conduct a review every three years or so. Scheduling an estate plan review may be especially important in the aftermath of the new tax reform...

Creating estate plan documents may make it possible to exercise greater control over where assets go after passing on. Florida residents and others who fail to do so may have their assets distributed according to state law. Therefore, it is less likely that assets...

Florida residents may not be able to fulfill the goals of their estate plan if it is not fully thought out. In some cases, a married couple may create a plan assuming that one spouse will outlive the other. Plans may also assume that a healthy spouse will outlive one...

Many people living in Florida are diligent about estate planning. They've written wills, completed end-of-life planning and updated the beneficiaries on their insurance policies and investment accounts. However, there may be a group of assets that they've neglected to...