Estate Planning

Revocable living trusts can have many estate planning benefits for Florida residents with a significant amount of assets. A revocable living trust holds assets during a person's lifetime and then passes those assets to the named beneficiaries after the settlor dies....

As part of an estate plan, it may be a good idea to name a guardian to any pets an individual may have. Failing to do so could result in an animal being sent to a shelter where it may be scared and grieving at the same time. Depending on the situation, it may be a...

Florida residents who are preparing their estate plans may wonder whether they need to use a trust for their IRA. In most cases, assets in an IRA are passed down via a beneficiary designation after the death of the owner. The surviving spouse is usually the...

When elderly Florida residents become incapacitated, family members may be left trying to figure out how to sell the incapacitated relative's home in order to pay for needed long-term care. Without a durable power of attorney or a trust in place, doing so can be very...

If you lose your keys or forget where you park your car from time to time, you may chalk it up to the remnants of old age. You may not even consider that these forgetful moments may carry over to how you manage your finances in your golden years.Nevertheless, elderly...

Most Florida residents do not like to think about growing older and eventually leaving loved ones behind, but estate planning is important and necessary since no one knows what the future holds. There are a few basic things that adults can do to start preparing...

Memorial Day weekend is supposed to be about celebrating those in our armed forces who have made the ultimate sacrifice, but it is largely about family getting together to remember the past while enjoying the present. In these instances, it may be awkward to talk to...

Retirees living in Florida who are well-off and have no children may wonder who they should appoint as executor for their estate. This may particularly be the case if one spouse is reluctant to deal with the financial issues that would accompany the death of the other...

Estate planning in 2016 is not like how other generations planned how their assets would be distributed when they passed away. Indeed, people still establish wills and different forms of trusts, but with so many people having digital assets (i.e. email accounts,...

When most Florida couples are ending their marriages, they primarily concentrate on the immediate issues at hand such as dividing property, figuring out child custody and determining spousal and child support. Far too few people think about how their divorces might...