When setting up your affairs for what happens after you die in Florida, one thing you have probably considered is what the fate of your pet will be. You may have even put some specific instructions about the care your pet is to receive in your will. One thing you may...
Year: 2019
Why go with a revocable trust?
In Florida, there are a number of different ways you can go about managing your assets such that they will be properly distributed after your death. You can designate beneficiaries in a last will and testament, for one thing, and you can also set up a trust. One type...
The duties of trustees in Florida – An overview
When people want to ensure their families will be cared for after their deaths or when they are looking to better manage their properties, many Floridians consider establishing trusts. Essentially, this estate planning tool allows people to transfer ownership of...
Understanding summary probate in Florida
Although the probate process has a lengthy, costly reputation, Florida offers residents a streamlined form of probate called summary administration. This may be the best option when an estate has few creditors and/or the estate assets are creditor-exempt. Whether you...
A brief overview of the formal probate administration process
Many Floridians are under the impression that as long as they leave behind a will, they can keep their estate from going through probate. Though a will can certainly make it easier to administer a person’s estate, it does not eliminate the intervention of probate...
Challenging a will in Florida because of undue influence
Did your elderly or ill relative sign a new will just before death that changed their estate plan by leaving significant assets to an unexpected beneficiary? Had that beneficiary suddenly became overinvolved with your loved one under suspicious circumstances? Bringing...
Exploring the advantages of a special needs trust
For those with special needs, as well as those who take care of loved ones with special needs, daily life can be difficult for different reasons. There is often a lot of uncertainty, especially when it comes to financial matters. Fortunately, there are steps that can...
What constitutes as abuse of power of attorney?
A power of attorney is supposed to be a trusted individual whom a testator appoints to carry out his or her wishes in the event of death or incapacity. This designation gives a person the power to open and close bank accounts, conduct financial transactions, make...
You can avoid a guardianship with other estate planning documents
The average age of the population across the country, including here in Palm Beach, is on the rise. People are living longer due to advances in the medical field, which many would agree is a good thing. However, with this comes the possibility of spending the last...
Estate planning tips for same-sex couples
Estate planning is a necessary undertaking for any couple. Each couple has unique circumstances that require different considerations. Finances, family dynamics and personal goals may impact how you plan your estate. As a same-sex couple, your sexual orientation...