The loss of a loved one – whether expected or unexpected – can be a devasting time for grieving family members. In addition to the emotional toll it takes on loved ones, specific legal steps must be taken when executing a will. Estates are composed of the late loved...
People in Florida keep living their lives up until they pass away. This means that they will continue to make purchases, own and use property, use bank accounts, have retirement and investment accounts and other types of assets. It also means that they may continue to...
We’re human, and as such, we will change our minds from time to time. These can be small changes of decisions, such as deciding to go with the soup rather than the salad at dinner. Or they can be a major change of decision, such as deciding to change part of your...
When a loved one passes away, it is rarely a happy time. And, for most, they pass away without an estate plan. However, for those that do pass with a will, you may find that their will does not say what you thought it would say. Or, you may find that you did not get...
When you finally take the step to finishing up your estate plan, you likely will have at least one trust as part of it. And, while you will likely task someone within your friend or family circle with some responsibilities within your estate plan, one task you should...
Floridians who are preparing for the future by having an estate plan should know that it goes beyond simply writing a will. There are other key aspects of the process that must not be ignored. A personal representative plays a critical role in probate. Understanding...
You’ve worked hard to accumulate your wealth and set your loved ones up for success. As a result, you may want to ensure that you create an estate plan that effectively protects that wealth and provides long-term stability to those who intend to inherit from you....
They say nothing is guaranteed except for death and taxes, but what about social media? Does that last forever too? What happens to your social media after death? And, if they do last after we die, should we plan for them in our estate plans? Facebook Facebook offers...
When you die, your estate will likely need to go through Florida’s probate process. This is the process in which your estate is administered, and your assets are passed on to your heirs. Your personal representative is responsible for administering your estate. Who is...
Wealthy Floridians will want to pay attention to an important component of estate planning: the estate tax. While the estate tax does not affect everyone, those of greater wealth could find the value of their estate is lowered due to the estate tax if they do not...