How You Can Use Roth IRAs to Avoid Probate

Tag Archives: estate planning

How You Can Use Roth IRAs to Avoid Probate

If you’re beginning to think about retirement, consider setting up a Roth Individual Retirement Account (IRA). Not only are IRAs very tax-friendly savings plans, but they also have long-term benefits that allow you to leave money for your heirs without forcing them to go through a challenging probate process. One misconception people have about setting […]

Florida Decides Question: Are Person’s Remains ‘Property’?

This past May, a Florida appellate court had the opportunity to decide a rather strange new question regarding estate law. The case, Wilson v. Wilson came about after a 23-year-old man was killed in a car accident. He died without a will and left no written or verbal instructions regarding how he wanted his body […]

What Happens to Your Estate If You Don’t Write a Will?

Many people understandably don’t think about the benefits of establishing a will while they are young, as they plan to live to old age. However, life does not always cooperate, and passing away without a will can create a troublesome situation for family members who do not have the legal authority to choose how to […]

What Are the Tax Advantages of a Charitable Trust?

Many people who have enjoyed some financial success in their lives want the opportunity to give back to charities and organizations. For those who wish to donate generous amounts to charity, it may be worth creating a charitable trust. A charitable trust essentially requires that you give up legal control of your property, which is […]

Getting Financial Affairs in Order for Your Estate Plan

If you’re worried about financial matters related to your estate planning efforts, the following are some steps you can take to make sure that your financial affairs are in order: Name a financial power of attorney. This person can give you the authority to handle your finances should you become somehow incapacitated and unable to […]

Is a Living Trust a Good Decision For Me?

One of the most common questions we receive is whether or not a person should choose to use a living trust in his or her estate plan. To determine if a living trust is right for you, consider the following factors: Your age. For most people under the age of 60 who are in decent […]

How Robin Williams’s Estate Plan Saved His Family Some Headaches

We often hear about how the tragic, early passing of our favorite celebrities is accompanied by nightmares in the probate process. Fortunately for the family of the late Robin Williams, it appears that the actor and comedian had his affairs in order before his death. Based on the events surrounding the Williams estate after his […]

Misconceptions About Estate Planning in Florida

There are many reasons you may be putting off planning your estate — you want to wait until your children are older, you fear losing control over your assets or maybe you just don’t think it is necessary. Unfortunately, there is an abundance of inaccurate information about estate planning in Florida. This misinformation may be […]

Questions to Ask Your Estate Planning Attorney in Florida

You have decided to draft or update your will. You have also wisely decided to seek assistance from an estate planning attorney. At your first meeting with your lawyer, it is important that you bring certain information, including materials and documents regarding your family and loved ones, finances and property. Additionally, you should prepare a […]

What Should I Bring to My First Estate Planning Meeting?

Meeting with an attorney to set up an estate plan is one of the best decisions you can make. During your first meeting, you can expect a confidential discussion about your wealth and estate. You will have the opportunity to ask questions and review materials regarding your family and finances. In fact, you’ll get the […]