Estate Planning

Tax season provides an opportunity to conduct a thorough review of financial health. Savvy individuals leverage this period to dissect their financial situation, scrutinizing income streams, expenditures, and investment performance. By organizing tax documents,...

Individuals establishing estate plans often decide to create and fund trusts as part of that process. Some people create trusts to protect a loved one with special needs. Others want to ensure they can qualify for Medicaid benefits or protect their assets from...

As a new year unfolds, residents of Florida need to be aware of a legal development in estate planning laws. Effective January 1, 2025, Florida has implemented the Uniform Fiduciary Income and Principal Act (UFIPA). This new law modernizes and standardizes the rules...

People creating or updating estate plans often focus on vulnerable family members and high-value assets. The oversight of probate are in place to protect assets, but many people prefer to keep their most valuable property out of probate court whenever possible due to...

Parents often hope that their estates provide financial support for their children after they die. It is common practice for parents to name their children as the primary beneficiaries of their estates. However, particularly if testators have relatively valuable...

One of the main objectives of many testators who are putting together an estate plan is to provide resources for their loved ones. People with well-paid jobs or substantial personal property may want to help their children or grandchildren achieve similar levels of...

Losing a parent is an emotionally wrenching experience. When compounded by the absence of a will, the legal and financial burden can feel overwhelming. When someone dies without a will, Florida's intestacy laws dictate how their assets are distributed. These laws...

Digital estate planning is rapidly gaining traction as an indispensable way to ensure that one’s digital assets and online presence are managed and distributed according to one’s wishes after their passing. When preparing your digital estate plan, you’ll want to do...

Many people procrastinate estate planning. In some cases, that’s because they think that it’s just too early to make a plan. For instance, when you look at the reasons why the majority of Americans do not have an estate plan, some will say that they are not old...

After drafting your will and other crucial documents, you need to find a reliable place to keep them. It's vital to choose a safe location that your executor can easily access. Here are five locations to consider: With your attorney Some people keep their wills in...