When you have more than one child, you may need to work extra hard on your Florida estate plan to help ensure fairness and reduce the chances of your children fighting with one another over their inheritance. Inheritance conflicts have the potential to do permanent...
Estate Planning
What is a spendthrift trust?
Do you have a child who is financially irresponsible? If so, a spendthrift trust may be just the solution you are looking for to protect him or her from himself or herself as well as from his or her creditors. Florida authorizes spendthrift trusts under Section...
Estate planning considerations for unmarried same-sex couples
Anyone who wishes to protect their assets, interests and loved ones after their death should look into proper estate planning methods. Since Florida recognizes both heterosexual and same-sex marriages equally, the estate planning process for all spouses looks similar....
What duties are up to an executor?
An executor holds a lot of responsibility and shoulders many duties in their management of an estate plan. To that end, it is important to pick the right person for the job. But in order to do that, someone must know exactly what duties an executor performs. Tasks of...
Should you review your estate plan?
After writing an estate plan, many people think that the job is done. However, estate plan maintenance and management continues from the moment an estate plan gets created, to the moment of its creator's death and even beyond. An important part of this process is to...
Estate planning and grandchildren
If you want to make changes to your estate plan because you recently became a grandparent or you have multiple grandchildren and want to include them in your estate plan while setting up a will or trust, you need to take various factors into consideration. It is...
What does estate planning look like for singles?
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...
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...
