Estate Planning

Some Florida residents might think that they do not need an estate plan because they do not have many assets. However, an estate plan can be an important tool for many adults. Furthermore, it is more than just a way for a person to pass on assets to loved ones. It can...

When Florida residents consider estate planning, they often focus on wills and developing ways to preserve their assets. Many understand the importance of having a will, but they may not consider other ways of protecting an estate, such as establishing trusts for...

Florida residents who have been married previously may have complications regarding their estate plan. Heirs may encounter difficulty accepting a share given to a new spouse, and careful estate planning can be thwarted in these situations. When considering estate...

Florida parents who are creating estate plans might be concerned about how to leave assets to an adult child who is not responsible with money. Further complications could be created if one child is responsible and the other is not because the parent may be concerned...

As many Florida residents know, estate planning can prove to be a big task involving lots of important details. Those who neglect this duty could leave their beneficiaries confused and, in numerous cases, at odds with one another. There are a few important points...

A family business is not only a significant source of income. It is also an asset that can continue to generate wealth for future generations. Florida business owners can take advantage of succession planning to ensure that their companies are able to be transferred...

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...

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...

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...

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...