The Role of a Successor Trustee

Tag Archives: estate planning attorney

The Role of a Successor Trustee

As part of establishing a revocable living trust, you should name a successor trustee. This is the person who will come in to manage and administer your trust for you upon your passing, or upon your incapacitation or unavailability to handle your affairs. Your trustee should be someone you can trust to manage your affairs, […]

How You Can Create an Estate Plan That Reflects Your Values

While you prepare your estate plan, you may find it important to do so in such a manner that is consistent with your faith and values. In fact, passing on these values to the next generation may be just as important to you as the wealth and assets you will be distributing. Here are some […]

Estate Planning is Critical for People in Early Stages of Dementia

Dementia is a disease characterized by memory deterioration, changes in personality and generally worsened cognitive function. The number of people in the United States with dementia has been on the rise in recent years, particularly as the baby boomer generation advances in their senior years. Dementia can be a debilitating disease, and at a certain […]

What to Ask Your Potential Estate Planning Lawyer

As you begin the estate planning process, you’ll need to find an experienced attorney to manage your case and help you develop all of the necessary documents. Here’s an overview of some of the questions you should ask potential lawyers to determine if they’re going to be a good fit for what you need. How […]

What is a Holographic Will?

A holographic will is a handwritten by the testator that is not witnessed. These wills are not recognized in Florida. Here’s why Florida courts refuse to recognize holographic wills: Lack of required provisions: There are frequently complications that occur with these kinds of wills because they tend to be written hastily and are not executed […]

An Overview of Co-Ownership of Real Estate in Florida

In Florida, there are three primary forms of joint ownership of real estate/home titles. Let’s take a quick look at each of these three and the pros and cons that come with them. Tenancy in common In Florida, when two or more people hold a title they ususally do so as tenants in common, unless […]

How You Can Choose the Right Personal Representative for Your Estate

Selecting the right personal representative for your estate helps you ensure all matters of your estate will be administered smoothly after your passing. But how do you know who is the right person for the role? Here are a few considerations to keep in mind. Responsibility: Anyone who assumes the role of personal representative should […]

Tips for Discussing Your Estate Plan With Your Family

While it can be difficult to spend time thinking about your own mortality, it can be extremely helpful and even freeing to discuss your estate plan and end-of-life wishes with your family. Sharing your intentions in advance can help you to prevent arguments from happening after your death. It might be particularly beneficial if you […]

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 […]