When a Florida resident dies, his or her beneficiaries may enter into disputes over who should get the decedent's personal property. This may occur even if the decedent had a will or trust specifying what was to happen to that property. In some cases, the property may...
Estate Planning
Avoiding conflicts between trustees and beneficiaries
Many Florida residents decide to leave their children or grandchildren an inheritance through a trust rather than in a lump sum pursuant to a will. A trust can allow funds to be transferred to beneficiaries outside of probate court, and the funds can be disbursed...
How a trust protector can help protect an estate plan
Florida residents who are creating an estate plan might want to use a revocable trust in order to have greater control over the distribution of their assets or because they wish to avoid probate. A trustee is appointed to administer a trust, but with no court...
Care for pets in Florida with a trust fund
In most cases, pets are considered to be the property of the person who owns them. Therefore, they would likely go through probate if its owner had a traditional will. However, it may be possible to provide for an animal through the creation and funding of a pet...
Final estate planning tips
Florida residents who are approaching death may want to review their estate plan to avoid unnecessary legal issues for their families to resolve. Toward the end of life, people may become mentally incapacitated, rendering them incapable of making important decisions...
Dealing with a vacation home in an estate plan
Florida residents who own a vacation home might want to leave the home to their children as part of their estate plan, but there are a number of questions they should ask themselves first. They should also find out if their children even want the home. The distance of...
Advantages of a living trust
Florida residents who are considering preparing an estate plan might want to use a living trust. If most of a person's assets are tied up in life insurance, retirement accounts and bank accounts that are designed to pay to a beneficiary on death, then a living trust...
Estate planning for LGBT couples in Florida
Thanks to the Supreme Court ruling in Obergefell v. Hodges, same-sex marriage is legal in all 50 states. This means that same-sex couples can create an estate plan that looks like one a heterosexual couple may create. It is just as important for a same-sex couple to...
A lawful will can ensure assets go to chosen beneficiaries
Planning is an essential part of the lives of most people in Florida. Even those who are impulsive and choose to do things on the spur of the moment may want to plan for the distribution of their assets upon their demise. Because death is a depressing thought, it is...
Estate planning with a special needs child
Parents in Florida that have special needs children may worry about how their children will have financial support when they are gone. Setting up an estate plan that provides for a special needs child is crucial for these parents. However, many parents of special...
