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...
One of the most crucial duties of an estate plan is to establish guardianship for any minor children in your care. Should the unthinkable happen, the person you name will step in to provide essential care for your dependent children. Accordingly, choosing a guardian...
During probate, the court appoints an executor to handle administrative duties, including paying debts, distributing assets and closing the estate. The probate process can be difficult to navigate, especially if your loved one owned real estate in multiple states. In...
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...
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...
Watching a parent age is never easy, and it may prove even more difficult if your parent is experiencing dementia or becoming otherwise unable to manage his or her own affairs. To help protect your aging parent, you may consider establishing a Florida guardianship....
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....
Creating a trust can be of great benefit to your family or a cause you are passionate about, provided that there is a trustee to manage the trust assets until the time comes to distribute them. Even if your trustee is young and in good health, an unforeseen event such...
Most people who have guardians or conservators have a genuine need. Most people who seek guardianships or conservatorships have sincere concerns about their would-be wards. Nevertheless, as recent headlines dramatically attest, sometimes guardians and conservators...
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...