For Floridians, estate planning is a critical part of being prepared for the future. This benefits the person who takes out the will, trust or other estate planning device as it details what they want to happen with their property. It is also a positive for their...
One of the unfortunate facts of life is that everyone in Florida will pass away at some point in time. People pass away in different ways and at different times in their lives, but ultimately everyone will pass away. Throughout their lives though people acquire...
When Floridians make plans to provide for their loved ones after they are gone, it is estate planning that ensures that their wishes will be realized. After basic documents such as a will, a financial power of attorney and a living will are drawn up, some people may...
Knowing when to update an estate plan is critically important to the effectiveness of an estate plan. For an estate plan to achieve its purpose, it needs to be kept up to date and there are several important times that estate planners should double check their estate...
An estate is your legacy, but many plans share common mistakes. Taking these steps can help assure that your estate planning meets your family’s needs and that your wishes are carried out. Basics A complete plan should be prepared and contain a will, power of...
With a new administration comes new tax laws. It is a tradition that occurs every four to eight years, and with the new administration, many wealthy individuals want to know what is in store for them. And, the news is that they may see over a 60 percent increase in...
When the personal representative of an estate is ushering the case through probate court, there are usually plenty of concerns along the way, even with the simplest of estates. However, when some type of challenge is brought in the probate case, litigation may be...
There are a lot of online resources out there to help you do just about anything, including estate planning. A lot of people think that creating their own estate plan with the guidance of the Internet will be simple and cost-effective. While that might be true to a...
A lot of people who engage in estate planning are concerned about how their assets will be managed and used once distributed. An heir might have a history of making poor financial decisions, a beneficiary might have a substance abuse or gambling problem, or a loved...
Most people know that when a person passes away, their estate will need to be distributed. However, they may not be aware that they need to address estate taxes. There is general information available about estate taxes that may be useful and an attorney may be able...
Jennifer D. Sharpe, P.A.