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September 2013 Archives

Probate is not necessarily a dirty word

Of all the words associated with estate planning, probate carries one of the most negative connotations. Many Florida residents' views of probate are so gloomy that they set up their wills and estates in order to make every effort to avoid probate. Probate can be an expensive hassle for heirs; however, the process may not be as bad as some may believe. Probate is the normal method by which a will is processed, and it is intended to distribute, settle and manage the decedent's property according to their wishes.

Handling someone's digital legacy

Florida residents who think about estate planning often focus on drawing up a will or deciding who will get their assets when they pass on. While these are all important parts of estate planning, people should also think about their digital legacy. Due to the fact that there are a number of individuals who do not plan for how their digital content will be handled upon their passing, many online accounts simply go into limbo when someone dies.

Many terminal patients in Florida not getting their dying wishes

A recent study indicates that while many senior citizens with terminal illnesses would prefer to enjoy their last days in hospices or in the comfort of their own homes with those they love, an alarming number of them spend their last days in the hospital. Florida residents may be interested in learning that researchers at the Dartmouth Atlas Group uncovered an interesting fact: Geography may play an important role as far as what happens to people during their final days is concerned.

Beneficiary designation key in the estate planning process

Florida residents who have questions regarding estate planning may be interested in learning about how important beneficiaries are to the entire process. Beneficiaries are important in the process of drawing up wills; however, they are also key as far as other documents are concerned, such as insurance policies and bank accounts.

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