Include Online Accounts and Passwords in Your Estate Plan

Category Archives: Estate Planning

The Pros and Cons of Creating Digital Wills

As the world continues to move more toward the use of digital technology for so many aspects of our daily lives, people are constantly looking for easier digital solutions to just about everything — and estate planning is no exception. Over the past decade, there has been a proliferation of digital estate planning websites that […]

Congress, Trump Administration Could Eliminate Estate Tax

The future of the estate tax always seems to be up for debate, but under the administration of President Donald Trump, it looks like a full repeal of the tax is possible. The president repeatedly promised throughout his campaign to eliminate the tax, and the Republican-controlled Congress may be amenable to those plans. Currently, the […]

Moving to Florida? Begin Updating Your Estate Plan

Florida is one of the most popular states for people who wish to relocate to a warmer climate for their retirement years. The good news is that whenever you move to Florida, a will or trust you drafted in a previous state remains valid. However, you may still need to make some updates to your […]

Tips for Making Sure You Keep Your Will Totally Protected

Keeping your will safe and secure will ensure that the court accepts it as valid after you pass away. Courts will want access to the original document, as there is always a chance copies could have been altered or might not reflect the most recently updated version of the will. The following are some tips […]

Make Sure Your Medical Directives are Easily Accessible

Have you finished creating your estate plan? That’s great, but your work is not quite complete. You also need to ensure all documents are easily accessible. This is especially important for your medical directive, which your loved ones may need to find quickly in an emergency situation. According to a report from the Journal of […]

What Goes into Testamentary Capacity?

For a will to be valid, the creator must have what’s referred to as “testamentary capacity” when creating it. This means you must have the mental ability to fully understand the decisions you are making. The following are the five components that establish testamentary capacity: Age: You must be an adult over the age of […]

Estate Planning Tasks to Complete Before Military Deployment

If you know you are going to be deployed overseas as part of your military service, it is important that you take care of some estate planning tasks before you leave. The following are some key issues to consider: Prepare legal documents You should have a will in place before you leave, especially if you […]

Leaving Behind Personal Gifts in a Will

When engaged in estate planning, you have the ability to either leave behind personal gifts in a will or provide them to another person while you are still alive. A gift given during your lifetime or through an irrevocable trust is referred to as an inter vivos gift, and it can help you avoid probate […]

What Rights do Children Have to a Deceased Parent’s Property?

It some situations, it can be quite confusing as to who is a beneficiary when the assets of an estate get distributed. Wills often refer to children as “descendants,” “children,” “heirs” or other terms. In general, Florida estate planning laws follow the rules of intestate succession if a child has not been named in a […]