Estate planning is a serious decision that everyone should consider. Despite how important it is, less than 60% of Americans have an estate plan. Part of estate planning includes deciding who will act as your estate administrator. Estate administration is a serious...
Talking to loved ones about estate planning
The loss of a parent can be a traumatic experience, and it can be even more stressful if you aren't sure how to settle their affairs. If your parent lacks a will or trust, their estate will likely be distributed per Florida intestacy laws. If your parent does have...
3 options for including investment properties in your estate plan
Developing a comprehensive estate plan seems to get more challenging with every asset you acquire. From family homes and vehicles to digital assets and a private business, it takes significant planning to ensure your end-of-life decisions are meticulously detailed....
Estate planning for new grandparents
Florida residents know that being a grandparent gives you a lot more to think about in terms of what happens after you're gone. Many grandparents adjust their estate plans to account for grandchildren, which can be a challenge if you've never done it before. Estate...
Estate planning for rising interest rates
Many financial experts are predicting a likely increase in interest rates, creating concerns among those with estate plans and the impact the shift will have on them. Rates have enjoyed record lows from 2010 to likely the end of 2021. However, change may be on the way...
Things small business owners should consider when estate planning
Running your business takes a lot of consideration and careful decision-making on a daily basis. It’s no different when it comes to designing your estate plan, and how the small business you worked so hard to build up will fit into it. Here are a few options for you...
Parties of interest in a will contest
In a will contest, questions may arise about who the interested parties are when it comes to this type of litigation. Determining the interested parties is easier said than done. The person writing the will may find that there are more people who will be affected by...
Updating an estate plan
Does your estate plan reflect your current goals and wishes, or is it a reflection of your state of mind back when you first established it? If you identify with any of the situations outlined below, you may want to consider making changes to your will, trusts, powers...
What is “undue influence” in estate planning?
If you have a concern about whether a Florida loved one's will may have been prepared with undue influence from another individual, it is important to understand the legal parameters that you will be dealing with. One thing that the law does not protect against is a...
Revisiting a trust executed decades ago
You may have executed a revocable trust decades ago in Florida with your spouse, naming your spouse as the primary beneficiary of your trust assets. However, now in your old age you may find yourself a widow and your children are grown. At this point, you may want to...