Remarriage can greatly affect your current estate plan, so it's important to know how these changes might impact your assets and loved ones. When you remarry, your finances, family relationships, and legal responsibilities can change. This means you might need to...
Estate Planning And Probate
3 common reasons people may add trusts to their estate plans
Trusts are among the most valuable and powerful estate planning tools available. There are a variety of different types of trusts that people can create. They can be revocable or irrevocable depending on someone's goals and concerns. They can offer a host of benefits...
Can an estate be settled without probate in Florida?
Avoiding probate can be a beneficial option to cut costs, save time, and reduce stress, and certain assets allow individuals to settle an estate without probate in Florida. Therefore, many individuals are interested in settling estate concerns without court approval...
What are the most crucial elements of an estate plan?
Life throws curveballs, but you can stay ahead of the game with a solid estate plan. Many people think estate planning is only for the wealthy or elderly, but that could not be further from the truth. Everyone needs a plan to protect their assets and care for their...
Can you include a letter with your will in Florida?
It is possible to add a personal letter with your will in Florida when you do estate planning. The letter can provide additional guidance and express sentiments that are not part of the legal document. Understanding how this letter is treated legally and practically...
This popular estate planning tool doesn’t work in Florida
One of the most common estate planning mistakes is the use of boilerplate documents. People believe that they can simply download a will from the internet and then add a few details about themselves and their assets. While that approach may work in some circumstances,...
Including cryptocurrency in your estate plan
Cryptocurrency has become a big deal in today's world, and it's changing how we think about money. As more people invest in digital currencies like Bitcoin and Ethereum, they also need to think about what happens to these assets when they're no longer around....
What a Lady Bird deed is and why you might need one
A Lady Bird deed is a legal instrument used in estate planning. It is also known as an Enhanced Life Estate Deed. People use it to transfer property while retaining certain rights during the grantor's lifetime. This unique type of deed has gained popularity among...
4 FAQ about probate
In Florida, the probate process is a legal procedure that ensures the orderly distribution of a deceased person's assets and settles any outstanding debts. It can be a complex and lengthy process, involving various steps and requirements. 1. How do I initiate probate?...
Essential elements to include in your estate planning documents
Embarking on the journey of estate planning is a wise and caring step toward securing your family’s future. Sometimes, clients who are eager to get things done quickly forget to include crucial details when preparing their documents. To ensure you don’t miss a beat,...