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...
Estate Administration
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...
What documents would be useful during estate planning?
Planning for the end of life can be somewhat disturbing to think about; however, not planning can leave loved ones with a mess to work through. Carefully considering and writing down final wishes, determining beneficiaries and deciding how any remaining assets will be...
Some common estate planning mistakes
Florida residents may be interested in an article detailing some of the biggest mistakes that people make when planning their end-of-life personal and financial affairs. Failing to have a plan at all is one error, but there are others that may be less apparent. A...
Estate planning and digital assets
When it comes to planning end-of-life matters in Florida, people often remember to take care of their wills, trusts, power of attorney and life insurance, but they might not know how to address their digital assets. Because digital information can remain online for...
Estate planning made easy
Florida residents considering estate planning may be interested to learn about several aspects of this often complex process. It has been estimated that less than 50 percent of the American population has a will. In order to protect the family and existing assets, it...
Estate settlement not always as simple as it seems
Estate administration isn't always a simple matter of the distribution of assets to the heirs. Anyone who has ever served as an executor in Florida is familiar with the numerous steps in between the time the will is created and the actual execution after the...
Deciding on a will or a trust depends on one’s unique situation
Florida retirees may be wondering whether a will or a trust is a more appropriate estate planning tool. According to experts, either could be appropriate, depending on the retiree's situation. A trust is a legal tool that holds assets for the benefit of an individual....
Walker’s $25 million to go to daughter
Florida viewers of the "Fast & Furious" move franchise mourned actor Paul Walker's death in November 2013. However, the media has now reported that Walker's $25 million estate will go to his teenage daughter, according to estate administration papers that were...
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