It may be no secret that we live in a litigious society. Business owners, people worried about an expensive divorce, working professionals who operate in a legally treacherous environment, and others are all potentially at risk of devastating lawsuits. Did you know, however, that a Domestic Asset Protection Trust is one way to protect yourself? Defining...
A will is an important part of an overall effective estate plan. Wills, however, do not become operative until death. In the unfortunate scenario where the individual who signed the will becomes incapacitated, the document lacks provisions to address such situations. Therefore, the inclusion of incapacity planning becomes a vital aspect of a well-rounded estate plan....
MANAGING YOUR DIGITAL ASSETS: A CRUCIAL COMPONENT OF ESTATE PLANNING Florida’s Fiduciary Access to Digital Assets Act empowered fiduciaries, including personal representatives, to access digital information if necessary. That power may not be particularly helpful, however, if your personal representative cannot find your digital assets and login information. This is why preparing a digital assets inventory...
Avoid ofter overlooked estate planning questions. Creating an estate plan isn’t a “fun” project for most of us. It reminds us that there may come a point when we can no longer care of ourselves and that one day we will pass away. But it needs to be done, and today we are going to cover...
Estate planning questions to use as a starting point: As you consider this important step – preparing an estate plan – you may spend some time reflecting on your life and property. Ask yourself the following questions about estate planning before talking to your attorney. #1 - Do I need an estate plan? This one is...
ESTATE PLANNING ATTORNEY SELECTION The year end is fast approaching! Most of us are busy finalizing our end of the year plans. Part of estate planning is taking stock of what has happened this year, reflecting on goals for the coming year, and deciding what we want for our future, next year and well beyond. Estate...
The world mourned the loss of the "Queen of Soul," Aretha Franklin, in 2018. Even in her passing, however, the iconic singer's legacy was accompanied by a legal battle over her estate. The dispute over Aretha Franklin's last will and testament has highlighted the importance of proper estate planning and the potential consequences of inadequate preparation....
As a business owner, you invest significant time, effort, and resources into building and growing your enterprise. Naturally, you want to ensure that your hard work and the value of your business are protected and continue to thrive, even after you are no longer around. While creating a Florida last will and testament is a crucial...
Creating your will is an essential step in securing your family's future and ensuring your assets are distributed according to your wishes. It is the first step in developing a strong estate plan with your experienced Florida estate planning attorney. Many people believe that a will alone is sufficient to safeguard their minor children and protect...
Will and estate planning challenges Do you know how to avoid the biggest mistakes people make when creating their wills? Deciding to create a Florida estate plan is a life changing decision. You are deliberately deciding to be proactive to not only make a plan to create your legacy but also to protect yourself and those...
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