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Common estate planning mistakes you should avoid

Most people in Florida do not enjoy thinking about their deaths, but that does not need to prevent them from taking measures to protect their estates and loved ones’ futures. They may try to rush through the estate planning process so they can think about more pleasant things.

Top will challenges in Florida and how to avoid them

When you draw up a will, you expect its provisions to be enforced after you pass. However, many Florida wills end up facing challenges by people dissatisfied with some provisions. The ensuing court battles often consume a large portion of the estate's assets.

Tips for choosing the executor of your estate

The first step most people take in planning for the end of life is creating a will. Wills usually include asset distribution, disinheritance, funeral wishes and guardianship if applicable. Another piece of information it must contain is the executor of the estate.

Important considerations for life insurance after divorce

One part of your estate plan and will may be the life insurance policy you must have to protect your family if you die. This money is intended to care for your spouse, children and any other dependents once you are no longer around to provide a consistent income. 

Living wills in Florida

A living will is a document that sets forth your wishes concerning future medical treatment. This document can become necessary if you eventually find yourself incapacitated, whether through gradual illness or sudden injury, and unable to formulate or communicate your wishes at the time. Thus, many people create a living will as part of their planning for the future.

Do you think your spouse may be hiding assets?

Facing divorce is painful enough without the added stress of wondering whether your soon-to-be ex is hiding assets. Something in your spouse’s words or deeds has raised your suspicions, and before you head to court, you would like to find out whether hidden assets really exist. The good news is that tracking down financial indiscretions is not difficult these days. Your attorney can help, and so can a forensic accountant.

Requirements for a valid will in Florida

Most people know they can use their will to distribute their property after they pass. However, if you want to be sure your wishes will be carried out, you need a valid will. Every state, including Florida, has laws that set out specific requirements for a valid will. Lawmakers and courts dealing with wills generally aim to prevent potential fraud or other inappropriate actions by other parties to influence the will.

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