Florida newlyweds embrace the future ahead of them; with so many things to experience and accomplish together, there is a lot for which to plan. Day-to-day living quickly turns into years of family and financial growth, and planning for what would happen to children...
Estate planning: how often are updates needed?
For the average American, estate planning is not necessarily a top priority. After saving for college funds, retirement and day-to-day expenses, estate planning may not seem to be a pressing need until later in life. However, for Florida residents who are wealthy or...
Creditor claims on inheritance may concern Florida beneficiaries
Many Florida residents may wonder what happens to debts after someone dies. Are surviving children responsible for that debt, and can creditor claims be made on any inheritance that is passed on? Unfortunately, there is more than one answer to these questions.Yes,...
Involving adult children in estate planning
Many Florida residents may feel that their estate plans are too complicated or complex to review with their family members. While discussing end-of-life matters with children isn't necessarily an easy topic of conversation, it may prove beneficial in the long-run....
Inherited 401ks subject to creditor claims, thanks to new ruling
It's a pretty fair to say that most people would like to leave something behind for their family members when they die. Even though every financial situation is different, passing on an inheritance to loved ones is a strong desire for many Florida residents....
The creation of a will may help family cope with loss
Discussing end-of-life wishes isn’t an easy thing to confront. Most people try to avoid talking about something so dismal, although having a plan can help ensure that final wishes are known and may assist surviving family members cope with their loss. There are...
Probate litigation can help ensure final wishes are carried out
Planning a final estate, while time-consuming and sometimes difficult, is generally considered a necessity for everyone in Florida or elsewhere. It literally takes a lifetime to build an estate, and deciding what to do with it all in the event of death can be taxing....
Digital assets and estate planning
As a whole, the world is turning into a digital society. There are so many online accounts to keep track of and, unfortunately, many people don't think to include these accounts when doing their estate planning. With the majority of Americans, Florida residents...
Is life insurance subject to probate administration?
The discussion of how an estate should be divided among heirs can be a tricky one. While some individuals leave very specific instructions as to who will receive what, others are not as thorough. One aspect of an estate that may not be spelled out in a will or trust...
Assigning beneficiaries and updating when necessary
Estate planning is an essential part of preparing for the future. Determining who to assign as beneficiaries to certain assets can prove to be a difficult decision for some. Even after those decisions are made, life changes may warrant the modification of an estate...
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