Estate Planning

According to a survey from Merrill Lynch, 70 percent of baby boomers believe that receiving money under a will or trust is an expression of love. From an estate planning perspective, this can be problematic as millennials don't necessarily look at it the same way...

Florida residents who are considering who to name as beneficiaries under their life insurance policies or retirement accounts should keep some important considerations in mind. Beneficiary designations can be made to anyone who is not a minor, and they override what...

Celebrities are just as likely to make the same estate planning mistakes as people who are less famous. In April, reports surfaced in Florida media that Prince did not have a will when he died suddenly. This was also true in the death of singer Amy Winehouse. As a...

People in Florida who need to make an estate plan might be considering a do-it-yourself will. However, there are some drawbacks to making a will without legal assistance. No two estates are the same, and generic advice may not be appropriate for a person's situation....

In some Florida families, an aging parent will have a strained relationship with one child and a close relationship with another child. The parent may want to leave a larger percentage of his or her estate to the child with whom he or she is closer and a lesser amount...

Parents who want to leave property behind to care for their children after they die could benefit from setting explicit terms for how their estates ought to be distributed. Although some parents want to keep these affairs in the family, siblings in Florida and other...

Florida residents often wish to leave as much as they can to their loved ones, and investing retirement funds prudently could play an important role in achieving this goal. Trusts have always been useful investment and estate planning tools, but a 2003 change to the...

Some Florida residents who are preparing wills or trusts as part of their estate plan may want to leave a part of their estate to charity. Philanthropic bequests have always been around, but they are increasing in popularity. Organizations are recognizing this as well...

Florida residents who are in the process of preparing their wills may wonder how to choose the right executor. It is a position with a lot of responsibility, and some experts recommend choosing more than one to help reduce conflict. While an estate can be settled in...

Florida residents usually want to do the right thing when it comes to planning their estates. They want to make sure that all that they have worked for over the years is distributed to heirs fairly. They also want to ensure that medical and end-of-life decisions are...