Have you created a will yet? If not, what are you waiting for? This is one of the most important documents you can have to your name in your life. Why? A will protects you, your spouse, your children, your grandchildren, your assets and anything else you'd like to...
Reasons to create a revocable trust
If you are sitting down to create a will, or to update your current one, it's important to think about adding a revocable trust to your estate plan. A revocable trust is a legal document that you have total control over while alive and can revoke it at any time before...
Does your will comply with Florida law?
If you are ready to draft a will, it's important that it meets the requirements under Florida law so it has a better chance of holding up in court if it's challenged. Many people make the mistake of thinking a will created in another state will automatically be valid...
The importance of detailed records when executing a will
If someone named you as the executor or administrator of their estate, it is very likely that they held you in high esteem. They likely trust your ability to remain organized while handling all the details of the estate and believed that you were ethical enough to...
Does a will override a beneficiary designation?
Your parents have passed away, and you are reviewing their will with your siblings to see how they designated that their assets should be divided among you. You note that one significant asset that your parents had was a life insurance policy. However, it's a source...
Is your will going on the public record?
Drafting a will is a very private event for most people. Some are even unwilling to talk about it with family members in advance. After that person passes away, though, how many people will find out what is in the document? Is it going to end up on the public record?...
Steps involved to execute a will
If you have never been part of a will reading, it's a good idea to know ahead of time what to expect. This includes the steps that are involved to execute a will. If a family member dies, you simply cannot go to their home and claim what you know has been left behind...
Important milestones that signal it’s time to update your will
Having a will is a great way to ensure that your loved ones are taken care of when you die. However, simply having a will and not updating it is not good. You cannot create a will in your 20s or 30s and then let it sit well into your 60s without updating it at least...
Taking a look at what happens with a will after death
The administration of an estate, which includes the execution of the will, occurs upon the death of the person named in the documents. It can be a very lengthy and stressful process for the surviving family members, especially if the decedent did not outline...
What to expect when asked to be a power of attorney
It takes a lot of time and plenty of discussions to plan your estate. One of the most difficult aspects of the planning phase is picking someone to be your power of attorney. But, what if you are ever on the other side of this? What if you are asked to be a power of...
