There may be a variety of reasons for a person to completely cut his or her spouse and children out of his or her will. Whatever the decedent’s reasons, it may come as a shock to the family to learn that they are to receive nothing, especially if the decedent...
Heirs & Beneficiaries
A guardianship can protect a mentally incompetent person’s estate
Though Americans are living longer than ever, one downside is that more and more people are living with dementia in their final years. Dementia robs us of our memory, reasoning and dignity in many cases. Among other things, symptoms of Alzheimer’s disease and similar...
Florida woman to leave $1.8M house to her dog
Most people use their estate plan to leave the bulk of their belongings to their spouse, their children or both. However, a person’s will can name as beneficiaries virtually any person or charity they wish.Occasionally, people even name their pets as...
How to talk to your family about your estate plan
The ability to communicate is a vital part of any relationship. Few families that cannot talk to each other about anything, no matter how emotionally difficult, can be described as truly healthy. If we cannot come to our spouses, parents or siblings with our troubles,...
What happens if I die without a will?
People who die without an estate plan nevertheless will probably have assets and debts to dispose of. If the decedent gave no valid instructions for how to distribute his or her funds, where does the money go? In Florida as in the rest of the U.S., an estate or...
Choosing your beneficiaries can be trickier than it seems
One of the fundamental steps of setting up an estate plan is deciding whom to name as the beneficiaries. Though your first thought may be to leave everything to your spouse or children, there are a few things to consider.It is true that beneficiaries tend to be close...
Helping intended beneficiaries plan for inheritance
The idea of collecting an inheritance can seem, well, exciting. However, if certain protections aren't taken and strategies put in place, gaining an inheritance can cause other financial problems. Florida residents who are choosing beneficiaries as they write-up their...
Future planning for Florida newlyweds could include wills
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...
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....
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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