Posts tagged "Estate administration"

4 things you need to know about disinheriting your children

You have probably seen a movie or TV show that featured a dramatic threat of disinheritance. Too often, inheritance is portrayed-and actually used-as a bargaining chip in relationships. There are many legitimate reasons, though, that you may be considering it. If you are wondering what is involved in disinheriting one of your children, these four tips should provide some of the basic knowledge you need to know before proceeding with the process. 

4 grounds for contesting a will in Florida

If you believe the will your loved one created is invalid, you may be able to challenge it in a Florida probate proceeding. However, in order for it to be void, it must meet one of the legal requirements for contestation. Being unhappy with the will's provisions or simply suspecting something wrong is not enough. You must be able to prove that there are sufficient grounds for questioning the will's validity. The following are the most common reasons for contesting a will.

What happens to your digital assets after you die?

We live in a digital age. More and more of our business, financial, and personal lives are managed and housed online. As the digital age keeps progressing, questions arise regarding ownership and management of those assets after an individual dies or becomes incapacitated.

Assumptions can lead to estate planning mistakes

Assuming too much or too little can lead to estate planning errors. While estate planning is often based off of assumptions for one's future, making the wrong assumptions can be costly for oneself and one's loved ones. An estate planning attorney can help those in Florida who are preparing their estate plans make the best decisions possible for their situations and adjust plans as necessary in the future.

Estate planning the right way

While there are many different paths that one can take to achieve something that will ultimately achieve the same end result, sometimes there are clear right and wrong approaches to completing a task. When it comes to estate planning, whether in Florida or elsewhere, sometimes steps are taken that do not produce the absolute best possible end result. If this happens, one's future and one's family may not be adequately protected.

2 common mistakes made when estate planning

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 really should be included or considered in an estate plan that numerous people may overlook, be unaware of or simply feel are unnecessary.

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 important for those residing in Florida or elsewhere to choose who will handle their affairs in the event of incapacitation.

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. What are these and why are they important?

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 working with a Florida attorney with substantial experience in probate and estate administration matters is often a wise decision.

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 those, in Florida and elsewhere, who may not feel that they have a person close to them who is capable of handling the stress and complexities of estate administration. This is when a corporate fiduciary may be required.

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