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FLORIDA LEGAL BLOG
What should you look for in an executor?
When Florida residents build an estate plan, what should they look into first? One of the key elements you must address is finding an executor. The executor of a will or estate will manage the entire thing after you pass on. This means you must choose wisely. So what...
What is a Totten trust?
Those who decide to set up a trust have many options to choose from, including special needs trusts, spendthrift trusts and many other types of trusts. In this post, we will take a closer look at Totten trusts and examine some of the benefits of these trusts....
Estate planning for your growing family
Welcoming a new baby into your family in Florida brings many exciting challenges and triumphs. With the adjustment of a growing family, comes a desire to plan for your future. Planning your estate and making arrangements for the outcome of your assets, the care of...
Don’t forget to arrange for your pet’s care in your estate plan
Perhaps your children moved out and empty-nest syndrome has set in. You want your children to succeed in their chosen paths and enjoy their lives, but you miss them. You decide that one or more pets would help fill the void left by your children, but what happens if...
How can you help a bank protect your parents from fraud?
Financial Fraud Targeting the Elderly Americans of all ages are at risk of becoming victims of financial fraud. However, scam artists often target the elderly specifically. According to MarketWatch, an elderly fraud victim loses approximately $120,000 on average. ...
Florida passes legislation for elder abuse fatality review teams
People who have elderly family members that are in nursing homes, or other long term care facilities, may have an interest in keeping abreast of the elder laws in Florida. It is important to know how the current laws protect their family members. An important change...
Guardianships for minor children
Choosing a guardian for a minor child is an important part of estate planning. Without one, if both parents die before the child turns 18, the court will decide who will care for the child. Having the discussion may not be easy, but parents need to outline what is...
Should you update your estate plan?
Florida residents like you put a lot of time and effort into crafting an estate plan. But what you need right now will not always be what you need. Your needs and desires will change as you grow. Because of this, there are many times in which it may benefit you to...
Estate plans and memorial preferences
There are various issues to think about when creating an estate plan, such as how to divide assets among beneficiaries and the type of estate plan that will suit one's needs best. However, people should think about end of life issues while creating their estate plan...
Choosing someone to act for you when you can’t act for yourself
When you sit down to create your estate plan, you may already understand the importance of having advance directives outlining your wishes and appointing someone to act on your behalf if you become incapacitated due to an illness or injury. It may give you and your...
