Tag Archives: estate planning attorney
What Does it Mean to Have a Living Trust?
Revocable living trusts are the most common types of trusts available. They provide people with the peace of mind of knowing that they have outlined their wishes for passing down their assets and property to beneficiaries. Generally speaking, three people are involved in the creation of a living trust: a grantor, a trustee and a […]
What are the Limitations of a Will?
Having a will is the important first step of the estate planning process. Wills ensure that your wishes are known and carried out after you pass away. However, there are certain limitations that restrict what a will can accomplish, including the following: Wills cannot bestow certain properties to a beneficiary: Typically, a will cannot be […]
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 […]
What is a Spendthrift Trust?
Do you have a son or daughter who is financially irresponsible? Do you worry about the decisions he or she may make after you die? You are not alone. Many parents have concerns about their children squandering their inheritance and making foolish investments. One solution is to leave your child nothing. Florida law allows you […]
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 […]
Everything Today is DIY — What About Wills?
From car batteries to cabinets, nowadays everything is do-it-yourself (DIY). Yet while it may be possible to rely on a few YouTube videos to help you take care of some minor plumbing issues, estate planning is not something you should attempt without professional guidance. The rightful heir of Ann Aldrich learned this the hard way. […]
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 […]
Considerations When Looking for a Retirement Destination
The average age of retirement has risen from 63 to 67 years old. In addition, according to the AARP, 40 percent of baby boomers now say they plan on working until they die. If you are part of the other 60 percent, you may be tired of living in the same place. In fact, if […]
Three Estate Planning Mistakes You Should Avoid
Planning your estate takes courage and commitment. Many people who labor over setting up an estate plan fear the cost, the hassle and the prospect of death itself. Yet estate planning doesn’t have to be that anxiety-inducing task you’ve been meaning to get around to but keep putting off. At the same time, you shouldn’t […]
Pet Trusts: Taking Care of Your Pet After You Die
If you have a will, when was the last time you updated it? While your last will may contain provisions about your children, spouse, siblings and other relatives, have you thought about what will happen to your beloved pet if something should happen to you? Many individuals who enter the estate planning process have thought […]