Creating an estate plan has many challenges. You may have loved ones who expect a specific item or portion of your assets when you pass away, even if you were not close to them. Regardless of how much you have in property and other assets, you may want to exclude...
Estate Planning
What’s wrong with the “spend it all before you go” estate planning strategy?
Similar to other trends that we see throughout society, there are also trends in estate planning. In some cases, the latest trend will have some value, but others have few redeemable qualities. Over the last few years, you may have read about the estate planning...
Including a charity in your estate plan
An estate plan is about more than distributing your assets to your family or friends. Your estate plan is part of your legacy. For some, giving assets to loved ones is the central part of their estate plan. However, you may want to show your support to causes that are...
Should inheritances be a surprise?
Talking to your loved ones about what they will inherit when you pass away can be an awkward conversation. Your friends and family may not want to think about your eventual death, and you may not know how to explain to your loved ones how you decided to allocate your...
Do funeral arrangements belong in my estate plan?
Facing our own mortality can be something we struggle with for much of our lives. A great deal of unpredictability comes with Death. In some ways, planning a funeral ahead of time can make the aging process more peaceful. You know that your friends and family will...
Am I too young for an estate plan?
Writing a will and creating an estate plan often seems like something that can wait. Unlike taxes, there is no solid deadline for filing. An estate plan is a valuable tool for communicating your legacy to your loved ones. When you put together a comprehensive estate...
What taxes should I expect my estate to owe?
The old adage says that we can only be certain of two things; death and taxes. When it comes to estate planning, the two tend to go together. As you make plans for what will happen with your estate after you pass away, you know that taxes will be a significant factor....
When aging at home is not working
Living at home suggests a certain amount of autonomy and independence. As loved ones age, they are often reluctant to leave home because where they live is an integral part of who they are. As your family gets older, their care often becomes more complex. For some, it...
What debt dies with me?
We live in an age in which taking on debt is more common than previous times. Where debt used to be limited to the purchase of homes and vehicles, many families now accumulate debt for smaller, less significant purchases. In today’s world, you can make payments on...
When is a trust invalid in Florida?
For years, you have worked hard to build an incredible life for your family. Leaving part of your estate for your loved ones can be an essential part of why you do what you do. A trust can be a valuable tool for passing on part of your legacy. However, when your...