Estate Planning

Florida residents who are planning their estate may want to use an online model. However, this could result in a plan that is prepared incorrectly or is incomplete. Working with an attorney may help to ensure that the estate plan is less vulnerable to legal...

Florida residents who are creating an estate plan may assume that trusts are only useful for people who have substantial assets. However, there are a number of different types of trusts that can protect people and assets in many different ways. One of the simplest...

Business owners in Florida may be leaving themselves and their families at risk due to a lack of basic estate planning. A survey by Bloomwell showed that a sizable number of entrepreneurs had not prepared one or more of the critical documents needed for an orderly...

There are a number of reasons that unmarried couples living together in Florida might want to create an estate plan. Without the proper documents in place, if one person is injured or ill and becomes incapacitated, the other partner is not legally entitled to make...

Open communication can be one of the most important steps for Florida families when preparing an estate plan. Vehicles like certain types of trusts, life insurance investments and family limited partnerships can be important mechanisms for wealth transfer across...

An estate plan is important for all Florida adults even if they do not have a large amount of assets. It can be important to family and loved ones who will be saved the stress of dealing with these details. An estate plan can also be used to help reduce family...

Florida residents who are creating an estate plan may want to consider an IRA trust for their retirement account. These types of trust have become more popular since 2014 when the Supreme Court ruled that inherited IRAs were not protected from creditors. However,...

While it benefits all Florida couples to have an estate plan prepared, there are a few reasons it is especially important for same-sex couples. For example, same-sex partners might need powers of attorney in addition to wills so that a partner can act on one's behalf...

Florida residents may have a will as part of their estate plan. However, it may be necessary to include other documents, including a Letter of Final Wishes, with a plan. This letter may be the best place to include information that has no place in or is inappropriate...

Florida residents who are creating an estate plan may be concerned about leaving money to an adult child or another loved one who they believe may be financially irresponsible. One possible solution for this is a spendthrift thrust. This type of trust might also...