Why Hire an Estate Planning Lawyer?

Malcolm decided it was time. He knew he needed a Will and was thinking about writing it himself. I mean, how hard could it be, right? His friend, Peter, talked to him about why he needed to hire an estate planning lawyer. Using the Right Asset Protection Some estates greatly benefit from estate planning strategies that maximize asset protection. This is not an easy thing to do, though. Asset protection can backfire Read More

Overcoming Estate Planning Excuses

Maria has a small child, a daughter named Alyssa. Lionel is an unmarried business owner. Simon is a college student with few possessions or debts. They all have something in common: they don’t have estate plans. In fact, when asked why they don’t have Wills, they all engage in the same estate planning excuses. They don’t know, yet, that there are ways to overcome those excuses. Excuse #1: I don’t like to talk about Read More

How to Protect Your Business from an Owner’s Incapacity

If you own a business, ask yourself this question: What would happen to my business if I could no longer work? Fortunately, there are ways to protect a business from an owner’s potential incapacity. The best way is to develop plans before incapacity strikes. Start at the Beginning Legal documents usually are prepared when forming a business. The number and type of documents varies depending on the type of entity Read More

Which Power of Attorney Is Right for You?

It’s recommended that your comprehensive estate plan include at least one power of attorney. But, there are several documents that include “power of attorney” in the title. Legal documents that have similar names may have very different purposes and consequences. It’s important to know a little about powers of attorney to make sure you choose the right one for you. Florida Power of Attorney Law. The basic power of Read More

How Divorce Affects Your Estate Plans

Divorce rates for people age 50 and older are rising. In fact, the divorce rate for people over age 65, nicknamed “gray divorce”, has almost tripled since 1990. Going through a divorce causes cataclysmic changes in every aspect of a person’s life, including where they will live and what possessions they will keep. Divorce even affects estate plans from the moment the divorce petition is filed until the ink dries on Read More