When planning out end-of-life matters, many individuals in Florida and elsewhere may make mistakes that could potentially cost their loved ones quite a bit in the future. Estate planning does not have to be a difficult process. However, there are certain things that...
Estate Administration
Florida estate planning: Who will handle your financial affairs?
When estate planning, there are a lot of details that need to be covered. Some may be pretty big, while others may seem of little significance. From the major decisions to the minor ones, estate planning certainly covers a lot of ground. During this process, it is...
Florida estate planning: Think beyond a will
When working on end-of-life planning, one of the things most people think of is completing a will. While a will certainly has its place in the estate planning process, there are other legal documents that those residing in Florida or elsewhere may want to consider....
Estate administration: 5 terms you should know
For many of us, issues surrounding probate and estate administration are unfamiliar. Issues regarding distribution of property or documenting the inventory of an estate are handled all the time by professionals in the field, but rarely by individuals. This means that...
Estate administration and a corporate fiduciary
When determining who should be responsible for administering one's estate, there are a lot of things that will need to first be considered. This is not an easy decision to make, as the job that this person will be required to do is not always easy. There are...
Florida estate planning: Naming an executor
When it comes to end of life planning, one may not consider all of the little details that can actually have a big impact on his or her estate. Thorough estate planning can help Florida residents avoid any potential problems and allow them to see how their decisions...
Couples in Florida might consider postnuptials in estate planning
For years, engaged couples in Florida and beyond have drafted and signed a prenuptial agreement in order to protect assets owned before marriage. In recent times, married couples have been adding a different type of legal contract to their estate planning efforts....
4 common estate planning mistakes to avoid
Many people believe that their estate plan is good enough, because their estates are fairly modest and they are leaving everything to just a few beneficiaries. But a well-intentioned estate plan can contain serious errors, especially if the testator put it together...
What to do when a relative without a will has signs of dementia
We have spoken before about how powers of attorney can allow loved ones to care for people who have been mentally incapacitated by illness or injury. Another form of power of attorney empowers a person to handle the incapacitated person's financial affairs; it is also...
Living wills are a good idea at any age
Health care directives, also known as living wills, are a good idea for anyone who wants to have a say if they are ever incapacitated by injury or illness, and unable to speak up for themselves. They give you control over medical decisions during a catastrophe, and...
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