What You Can Do to Make Sure Your Grandchildren Get Their Inheritance

Tag Archives: estate planning attorney

What You Can Do to Make Sure Your Grandchildren Get Their Inheritance

If one of your estate planning goals is to leave behind assets for your grandchildren, there are several steps you can take to accomplish this. The most important decision you can make is to have open, frank discussions about your estate planning goals with your adult children. If you want to be certain assets pass […]

What to Know About Discretionary Lifetime Trusts

A discretionary trust is a type of trust in which distributions are made at the discretion of another person (the trustee). Beneficiaries in this type of trust do not have any control over trust assets and are not able to demand distributions. These trusts are often used for minor beneficiaries. Here’s a quick overview of […]

Estate Planning Tasks to Get Done While Quarantined

Most of us are stuck at home for the foreseeable future due to the COVID-19 pandemic. Even if you’re still working from home, chances are you’re finding yourself with quite a bit more free time than you’re used to. This down time is a perfect chance for you to get some important tasks done at […]

How Prenuptial Agreements Can Affect Estate Planning

If you pass away before your spouse and do not have a prenuptial agreement in place, he or she will have almost complete control over your estate and possessions. This is not necessarily a problem in some cases, but in other cases you may wish to maintain some element of control over what happens to […]

529 Savings Plans Have Estate Planning Benefits

Thanks to the changes to tax law made under the 2017 Tax Cuts and Jobs Act, there are now opportunities to use 529 college savings plans as estate planning tools, while also allowing you to still use them to pay for more education-related expenses than you may have been able to in the past. Leveraging […]

Does a Personal Representative Have Any Responsibility for Paying Off Estate Debts?

One common question people often have when named personal representative of an estate is whether they have to worry about being personally responsible for any debts left behind with the estate they’re tasked with administering. The good news is no—personal representatives do not have to worry about paying any type of estate debt from their […]

What to Know About Fees for Estate Planning Services

There are a variety of reasons why people tend to put off getting their estate planning done. For some, it’s that they are too uncomfortable considering their own mortality and making decisions about what happens to their belongings after their death. For others, it’s that they do not want (or are not able) to invest […]

Rules About Scattering Ashes in Florida

As part of your estate plan, you may choose to leave instructions as to how and where you wish your ashes to be scattered. In Florida, unlike some other states, there are not any state laws that restrict where you can scatter or keep ashes. Of course, you should still make sure you use common […]

Factors to Consider When Choosing a Life Insurance Policy

A life insurance policy can be a very valuable asset in your estate. Therefore, it’s important to carefully consider the kind of policy you want and the amount of life insurance benefits you wish to purchase. Here are just a few examples of some of the factors that should play a role in your decision […]

Who is Allowed to Serve as Your Personal Representative?

One of the most important parts of planning your estate is naming a personal representative who will manage your estate after your death, handling all asset transfers and payments of required debts and taxes. Who is eligible to serve as a personal representative? In Florida, your chosen personal representative must: Be at least 18 years […]