Tag Archives: Florida Estate Plan
Understanding the Probate Process
The death of a loved one is always devastating, and requires a considerable amount of time to process, as well as to grieve. In the midst of planning funeral arrangements, it is often necessary to negotiate the complicated process of gathering the required documents to, for example, access bank accounts and receive any life… Read More »
How to Modify the Terms of a Trust
Estate planning offers individuals a number of options as they decide how to arrange property management and disposition after death. One of the more popular alternatives that confer a number of tax and financial benefits are trusts. Trusts involve holding an interest in property by one party, a trustee, for the benefit of another,… Read More »
How Wills Become Invalid
Executing a will takes a lot of time and forethought to ensure the document reflects what the creator wants and is legally effective. Given this commitment, avoiding the potential that a will may be invalidated is crucial. Not only would an invalidation completely wipe out the careful arrangements the creator set in place for… Read More »
Wills vs. Trusts: Which Is the Better Option?
Making end-of-life decisions, such as drafting a will or trust, naming healthcare surrogates, or designating a guardian, are difficult and avoided by many for as long as possible. While such issues naturally remind a person about his/her mortality, it is unquestionably better to leave loved ones with instructions and guidance about how to treat… Read More »
Important Questions Every Estate Plan Must Answer
No one enjoys contemplating what the likely consequences would be if death or incapacitation comes earlier than expected. Thinking about the emotional, financial, social and legal toll such an event would cause is usually enough to stop most people from exploring ways to make such a traumatic life event easier. While such topics are… Read More »
