Separating estate planning myth from fact is a challenging process. Some of the myths about this area of the law would even be considered comedic if they did not have the potential to be so damaging. Unfortunately, estate planning myths pervade our society. They are detrimental to your wealth, your wishes, and your loved ones. Below...
When you have loved ones in your life with special needs, they require extra care and attention in order to provide for those needs. Special needs, broadly defined, are needs that arise from a significant disability, usually medical or psychological in nature. It could be a physical disability such as blindness or a mental disability such...
Attorney John Mangan was recently published in the Winter 2016 edition of Wagging Tales - a resource of the Humane Society of the Treasure Coast, Inc. John's article focuses on reasons to consider a living trust. You can read the article on page 8 here. You can also download a your own copy of the article...
When it comes to estate planning, far too many people believe that a will is all they need. Unfortunately, a will does not apply to many commonly occurring scenarios in life for which it is vital to prepare ahead of time. This applies in particular to situations where you become incompetent (such is the case with...
Failure to prepare a valid will, intestacy, puts a burden on the most important people in your life. Intestacy, particularly intestate succession upon death without a will or with a flawed or invalid will can be costly. If you’ve visited our website or read our blog before, hopefully you have a strong understanding of the vital...
When we discuss estate planning, we often talk about the importance of making a plan to provide for the care and financial stability of your loved ones after you die. But what if you have loved ones who are not human? What will happen to your furry family members when you are gone or no longer...
Comprehensive estate planning is vital for most individuals, but even more so for business owners. If you own a company, and particularly one that you want to remain in your family after you die, a detailed business estate plan is essential for ensuring that your vision for your company is carried out. There are many questions...
They advantages and disadvantages of probate are subject to wild and often inaccurate observation. Probate advantages exist! The most commonly held notion about probate is that it is a negative and difficult process that should always be avoided if possible. This misconception is an oversimplification of the truth that does not account for certain aspects of...
In our last blog, we detailed three important factors to consider for parents with minor children when planning. These included choosing a guardian, choosing how and when your assets will be disbursed, and choosing who will administer your assets to your children. Click here to check out Part I and learn more about these factors. In...
Estate planning is incredibly important for nearly everyone, but the importance of good planning becomes even more essential when you have children. Every parent wants to provide as many opportunities and advantages as they can for their children, and passing on your assets in order to help give your heirs financial security is an excellent way...
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