As adults, most of us make our own decisions about where we live, how we spend our money and when it is time to go to the doctor. But someday, illness, age or disability may leave us unable to continue to keep full control of our lives. Rather than forcing someone...
Creating an estate plan is an important duty for everyone, not just for wealthy people or those with young children. Once you are gone, it is time for the estate plan to turn into action.One of the steps of creating or amending an estate plan is to name a personal...
Going through probate allows the decedent's will to be executed according to his or her wishes -- if there is not a successful challenge to its validity. The probate process also allows people who believe they were wrongfully denied beneficiary status, or were given...
Many Florida residents choose to set up trusts to handle the bulk of their estates. This can be the best solution for many people. One common reason many people give is the desire to avoid having their estates going through probate after they pass away, in order to...
We have talked about trusts as a useful tool when it comes to estate planning in Florida. Although it can (and should) be used by individuals at any wealth level, it is especially useful and important when you have the riches of, say, Robin Williams. Although most of...
We often refer to the probate process in this estate planning blog. Our readers who have never had a loved one’s estate go through probate may have heard the term before, but wonder what it actually means to go through probate.Basically, probate is the process...
Florida remains a popular place to retire for many people from out of state. Some people with sufficient means choose to split their time between two homes: autumn and winter in Florida, spring and summer further north. Being a “snow bird” can be a pleasant way for...
Though many social media sites seem to be aimed at tweens, teenagers and young adults, people of all ages enjoy services like Facebook, Google Plus, Twitter and Instagram. One survey estimates that 88 percent of Americans aged 50 to 64 are online in some form. Many of...
Back on Sept. 17, we discussed common mistakes too many people in Florida make when it comes to their estate plan. Today, we will add a few to the list that readers will want to avoid while drawing up or amending their plan. Hopefully, with the right estate planning...
Wills and trusts are the parts of the typical estate plan that deal with what to do with your property after you pass away. But a well-crafted estate plan does not have to focus solely on this important matter. We also have the power to tell our doctors and loved ones...
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