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In Florida, estate planning can be used to both determine how your assets will be distributed after you die and appoint someone who can manage your affairs if you become incapacitated and cannot manage your affairs. Planning for your potential incapacity may help save...
No one wants to think about death, but you do need to do some things to prepare for it if you have children. One way Florida parents can do this is by having a will. Here are several reasons why every parent needs to have a will. Caring for your minor children If...
Anyone that's gone through the probate process knows that it can be both time-consuming and expensive. While the probate process is a necessary step for handling a will in the state of Florida after a person's passing, it's not always a necessity depending on the type...
From a sudden medical emergency to the slow onset of mental decline, if you become physically or mentally incapacitated, you may not be able to express your wishes to health care providers and loved ones. While it can be deeply uncomfortable to think about these types...
Florida residents should have an understanding of basic estate planning that includes any crypto assets. While the general public views crypto as digital money, the courts may view it as personal property, especially for estate planning. Key components of crypto...
Florida inhabitants who are looking to start their estate planning should consider all of their assets. Most people get so focused on their bigger assets like their home and their savings that they forget about all the smaller items. It's important that you address...
Estate is a fancy term for items and assets that you want to pass on to others when you die. When you don't have an estate plan in Florida, the court will make the decisions for you on what happens to your property. It's not just for when you die either. You should...
By now, most people in Florida know that they should include their assets and properties in their will. However, there are a few other items that you should include in your will before you officially sign off on it. When you include more information, you'll have more...
People who take the initiative to create an estate plan typically make probate much easier for their beneficiaries. Writing a will is one standard step in the estate planning process, but it is not necessarily the only one. Estate planning in Florida could involve...
With a revocable trust, you can retain control of your money, then distribute these assets after your death according to your wishes. When you establish a trust, you also appoint a trustee to take over its administration when you die. Review the details about Florida...
