When you hear of the term "estate planning," you probably think of an older couple with a significant number of assets. With lots of heirs and plenty of people to designate as beneficiaries, an estate plan may seem pretty critical to a large family. However, what...
Estate Planning
Is it time to update your estate plan?
Creating your estate plan is just the first step in the relatively long process of managing your estate affairs. After its creation, you need to ensure it continues to reflect your wishes and your current life circumstances. This means your estate plan should get...
What should you prioritize when reviewing your estate plan?
You understand the importance of reviewing and updating your estate plan. Still, estate plans are often big, complex matters. The idea of going through it may make you feel like putting it off indefinitely. Fortunately, you can and should prioritize what you review. A...
Unmarried same-sex couples need to anticipate unfortunate events
Because of marriage equality, you and your same-sex partner have the freedom to choose whether or not you want to get married. For whatever reason, you may decide that marriage is not right for you as a couple. Neither choice is inherently better or worse than the...
Incorporating a tax strategy into your estate plan
One major element of estate planning in Florida is to attempt to limit the liabilities that your estate may face upon your death. After spending much of your adult life accruing assets in order to pass on to your beneficiaries, you no doubt want to ensure that as much...
Information about power of attorney abuse
People name a power of attorney to make legal and financial decisions for them, and a POA may be a family member, spouse, friend, lawyer or even nursing home staff. Along with naming this person, there is an expectation that the POA will do what is in the person’s...
Selecting your power of attorney agent
To many people, the thought of creating an estate plan means making a will that indicates what will happen to their assets after they die. However, other decisions and documents may also be part of developing a full estate plan. One thing people may want to consider...
Planning to avoid estate taxes
As you prepare the details of your estate, you realize the importance of needing to minimize the liabilities left behind for your beneficiaries in Palm Beach to deal with. Thus, you make plans to settle your debts and even structure your estate plan to minimize...
Depression and estate planning
Those who struggle with depression often face many challenges in life, whether they experience issues in their personal relationships or have difficulty holding a job due to their emotional hardships. Our law firm realizes that for people who are depressed, estate...
New marriage may be time for a new estate plan
When a couple is in the throes of planning a wedding, the thought of discussing their wishes for how they want assets distributed after one of them dies may be far from their minds. However, this may be a very important time to have this conversation and may be...
