When a loved one dies, his or her estate may have to go through court for distribution. This process, known as probate, may intimidate you since you likely have not had to deal with it before. One thing that may complicate things is that the deceased was a Florida...
3 valuable duties of a special needs trustee
If you have a loved one who has a disability, establishing a special needs trust may be an important part of your overall estate plan. This type of trust gives your relative access to funds for supplemental expenses without harming his or her eligibility for...
What is a simple will and is it for me?
Most Americans are aware that a will is the cornerstone of many estate plans. However, many also labor under the delusion that starting estate planning is only for those who are at the age of retirement. The unexpected can happen at any point. Particularly if you have...
How should you tackle your estate plan review?
Creating an estate plan is an endeavor that takes many years. Likewise, reviewing your estate plan also takes a lot of time and effort. But there are ways you can streamline it, too. The best way to do so is by deciding which parts of your plan to prioritize. After...
Are your collectibles worth money?
If you are like many collectors, you may not have started your collection in hopes to make a profit. Art collectors decorate their walls with beautiful paintings, adorn their halls with statutes because they love the art. You may have spent a lot of money on your...
Estate planning and student loan debt
Whether you took on high levels of debt to pay for your college education or you are struggling with student loan debt because you supported your child with respect to college tuition, there are various factors you need to consider, especially when it comes to your...
What should I know about getting remarried later in life?
Finding the person you want to spend the rest of your life with is an exciting moment in anyone’s life. If you plan to remarry later in life, you might wonder how this time around will differ. Although the wedding ceremony and reception might not change much,...
How could an ABLE account help my special needs child?
Federal assistance programs such as SSI, SSDI and Medicaid often play a critical component in enabling people with disabilities to receive necessary care, services and treatment. However, these programs have strict eligibility thresholds. These thresholds can create a...
What is an advance directive?
When most people think about estate planning, they imagine documents like wills and trusts. While these documents are essential to protecting your assets after you are gone, other estate planning processes protect your best interests while you are still alive. ...
Battling addiction during the estate planning process
If you are struggling with a drug or alcohol addiction, you likely have various hurdles to overcome. Whether you feel stressed out about your health, your are facing physical problems related to your addiction or you are going through financial hardships because you...
