There are many different kinds of trusts that people create to protect their property or provide resources for the people that they love. How you structure the trust, who has access to its resources and what changes you may need to make to the trust help determine the...
Estate Planning And Elder Law Services In Orlando And Beyond
Estate Planning
Are you setting your heirs up for “inheritor’s guilt?”
If you’re preparing to develop your estate plan, you likely feel good about how much you’ll be able to leave to your loved ones and perhaps other beneficiaries. Everyone wants to make their children’s lives a bit better and easier than theirs. You may have enough so...
Can you be too old for estate planning?
People sometimes worry about being too young for estate planning, and this is a common myth. They assume that they don’t need to make an estate plan until they are much older, but the reality is that it can be beneficial even at a young age. But what about the...
3 tips if considering disinheriting someone
This Christmas will have been the straw that broke the camel’s back for some families. Spending more time together than usual can make you realize that you no longer have much love for each other. It might even prompt you to edit your estate plan to remove someone...
Are your 30s too young for estate planning?
You’re thinking about writing a will or making an estate plan, but everyone you talk to tells you that there’s no point in doing it yet. After all, you’re still in your 30s. Life expectancy at birth in the United States is around 76 years old – though it is falling –...
What can you do with inherited property you don’t want?
When people develop their estate plans, they often don’t bother asking their heirs whether they actually want the things they’re leaving them. They just assume they do – or they want them to have these items. When it’s money, of course, that’s not a problem. Even a...
Irrevocable and revocable trusts: Key points you should know
A comprehensive estate plan has many components that let your loved ones know how to handle your assets when you die. One component that’s in some estate plans is a trust. When you establish a trust and transfer assets into it, the trust holds those assets until it’s...
Can you protect vulnerable beneficiaries using a trust?
Maybe you have put off estate planning longer than you should have because you are worried about one or more of your loved ones and beneficiaries. They haven’t done such a great job of managing their lives thus far. You’re pragmatic enough to realize they likely won’t...
Could assisted living benefit your aging parents?
You and your family are extremely close. You meet multiple times per week and have dinner together every weekend. Your aging parents are a large part of this and you want this to remain the case. Unfortunately, on your recent visits to the home of your parents, you’ve...
What to consider when choosing a personal representative
Creating an estate plan is the responsible step to take as you age. It ensures that your wishes will be followed when you pass away or become incapacitated. An important part of creating your estate plan is choosing a personal representative. This is an important...