Florida Estate Planning Law Blog
How to include your pet in your estate plan
With a few exceptions, most animals kept as pets have a shorter lifespan than their human counterparts. But if you should pass away unexpectedly or face incapacity, have you ever considered what will happen to your furry friend? Pets rely solely on their owners for...
4 Reasons to update your estate plan
Most people look forward to estate planning as much as they look forward to a trip to the dentist. But while facing your mortality is never enjoyable, it’s essential to regularly revisit your estate plan to ensure it still reflects your wishes and legacy. A good rule...
Estate planning for your second marriage
You met someone new, someone who makes you happy and you are excited to begin a new life with. Your children get along and you know your new spouse will be by your side as you enter this next phase of life. A second marriage is wonderful, but it does take some...
Estate planning is beneficial at any age
Although many people may understand the importance of having a will, many have not taken the steps necessary to write one up. Along with a will, there are important estate planning decisions that one should consider. No matter what someone’s age, it is beneficial to...
What are the basics of forming an LLC?
Starting a new business can be exciting and terrifying all at once. When getting your start, it is best to get you up and running with as little hassle as possible. But it can seem daunting at the start. According to FindLaw, many people may be afraid to start a...
Using disability guardianships to protect your children
If you are the parent of a teenager with special needs, you may be worried about who will handle their finances. While your child is still a minor, you are still in control as their parent and legal guardian. But once they turn 18, they will become a legal adult, even...
Can you modify a trust?
A trust is a fiduciary tool that provides additional options during estate planning. It enables a grantor to deposit anything of value into the trust for safekeeping. When creating a trust, you must decide if you want to lock away those assets permanently or have...
A POA may prevent elder fraud due to diminished capacity
The American Institute of Certified Public Accountants revealed that diminished capacity can contribute to elderly residents becoming victims of fraud. A survey of CPA financial planners also found that a swindle influences a senior citizen's stress levels and...
Estate planning in today’s digital world
As technology continues to become woven into more and more parts of people's lives today, it has also become something that people should remember when creating or updating their estate plan. From emails to photos to online banking accounts and more, people should...
What benefits come with avoiding probate?
Probate is the process of transferring your assets to your beneficiaries through the courts when you pass away. This process ensures that funds go to pay debts, taxes, and creditors before going to your beneficiaries. Many people choose to put their assets in a trust...
