The way that the trust administration process plays out depends on the specific stipulations in that trust, the goals of the original creator of the document and what type of trust it is. Everyone who sets up a trust should have considered all of their options to...
Consider small items when writing a will
Among your largest assets that you plan to pass on to your children are probably your home, a life insurance policy and a retirement account. These are important assets, but their inclusion in your will may not be as important as smaller, sentimental items that do not...
Estate plan details may lessen conflict among siblings
Florida parents often know that siblings can find any reason to fight. Even as they get older, some siblings may continue to squabble over little details. As a result, you may worry that your children may get into a fight over your remaining assets after your passing....
Why is a health care proxy useful?
As you do your estate planning, you need to consider your health care needs as you grow older. Things can change more quickly than you may realize, and you need to be prepared. One thing you may want to use, for instance, is a health care proxy. Typically, you are the...
Should you pick a couple as a guardian?
You're doing your estate planning, trying to decide who to pick as a guardian for your child. Do you choose a single person or do you need to pick a couple? Many people automatically lean toward couples, and they typically pick those who are already married. They feel...
5 reasons to create your estate plan today
Your estate plan should never be an afterthought or something you throw together just to technically "cover your bases." You need to give it the proper amount of consideration and planning so that it really addresses what your family needs. Remember, this is your...