A lot of people make the mistake of thinking that estate planning is nothing more than divvying up assets to loved ones. While figuring out how your assets are going to be distributed upon your passing is certainly part of the process, it’s just a piece of a...
There is a misconception that only wealthy people with large inheritances to give away can benefit from creating a trust. However, trusts can be beneficial to estates of all sizes. If you are considering creating a trust, an estate planning attorney can advise you on...
Much of the focus in estate planning is on how to distribute wealth once you pass away. But there are a lot of other considerations that can be addressed through the estate planning process. For example, if you have a pet, you might worry about who is going to take...
Although some people find the estate planning process to be stressful, it can really be enjoyable to figure out how you can support those you care about, even after you’re gone. Your decisions during this process can make a huge difference to those you care about,...
Being a trust administrator involves a great deal of responsibility. If you have never served in this role before, you might be intimidated and overwhelmed by the process. Read the trust document carefully Florida’s trust administration process involves several steps....
When you are estate planning, your estate planning attorney likely brought up a Power of Attorney (POA). Essentially, these legal designation documents allow someone to act as your agent or on your behalf when you cannot. However, there are many types of POAs, and...
At first glance, the estate planning process might seem relatively straightforward. This is because a lot of people think that the process is nothing more than creating a basic will to specify how assets will be distributed upon death. But the process is oftentimes...
You have been appointed the personal representative of a loved one’s estate, but do you know what this really means? If you are like many in Florida the answer is, “Kind of … maybe?” Being the personal representative of a loved one’s estate is an honor, but it comes...
When you first plan your estate, there are different things that you should consider. You want to make sure that you account for everything that you want to pass down. Even if you don't have a tremendous amount in assets, some of what you do have may be valuable and...
One of life’s greatest joys is welcoming a new child into the world. As a new parent, you may already be making plans for your child’s future. One future possibility you may not have considered is the chance that both you and your child’s other parent could die before...
Jennifer D. Sharpe, P.A.