Keep Your Family’s Future Secure
In addition to the overwhelming feeling of loss after the death of a loved one, the financial burden can add extra stress to the grieving family. The National Funeral Directors Association found that the median cost of an adult funeral in 2021 was nearly $8,000. To...
When a parent leaves an asset that is not physically divisible to multiple heirs, such as the family home, disputes can arise when the heirs do not all agree on what to do with the asset. The Florida Probate Code governs the options that heirs have. What happens if...
Nearly all jurisdictions have a probate system in which someone is responsible for administering an estate. In Florida, this position is the personal representative. Personal representatives can be natural people, corporations and trusts. Being a personal...
Your will is the foundation of your estate plan and where you likely started the estate planning process. This legal document lets you dictate how you want to divide your property after you die. According to the CDC Foundation, while creating your will, you can also...
The point of a will is to ensure that the administrator of your estate carries out your wishes after you die. Not wanting someone to attempt to invalidate your will is understandable. Some people attempt to avoid will contests by including no-contest clauses. However,...
A will is a legal document that outlines how to distribute your assets after you pass away, and if you have minor children, it gives you the opportunity to name a guardian. A will is the foundation of an estate plan, but many people have yet to create one of these...
When it comes time to craft your estate plan, your first thought likely is not about disinheriting anyone. However, it is not as unusual to do so as you might think. If you are considering disinheriting one of your children, it is important to consider the decision...
It is typically very difficult to sue an executor of a will, but it is possible in some cases. It is not common: if suing executors were commonplace, it is unlikely that anybody would want to take on the role. In most cases, any lawsuits that third party levies...
If you have a child with a disability, you may create a special needs trust to provide support after your death. As reported by CNBC, trusts may include money or property used to support a special need while also protecting its beneficiary's income. By naming the...
Naturally, many people want to turn toward those who know them and their family situation best. In most cases, this is another member of the family. However, a person does not have to choose a family member to serve as their executor. In fact, in some cases, another...