3 Questions About Estate Planning to Ask Yourself

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 easy to answer – absolutely! Whether your estate will be large or small, an estate plan provides instruction and guidance to your family. The personal Read More

Your Florida Estate Planning Guide

Your estate plan is one of the most important sets of documents you’ll ever prepare. However, estate planning laws vary from state to state. Knowing which documents to prepare can be confusing if you moved to Florida from another state. If you live in Florida, allow this article to serve as your Florida estate planning guide. Florida Estate Planning: The Will The document most people associate with an estate plan Read More

3 Reasons to Review Your Will

When Joe K. passed away last year at age 52, his family began the process of probating his estate. They were glad he had left a Will. However, he prepared the Will when he was only 30 years old. Much had changed in the ensuing 22 years. Sally B. also left an estate plan for her family but had prepared it before she married several years ago. And Tony S.’s family and net worth have grown since he prepared his Will Read More

Important Elements of a Will

When you’re dealing with a legal document, it’s important to get it right. For example, a Will that is written incorrectly or leaves out important elements of a Will may spell big trouble for your heirs. Fortunately, Florida law lays out the elements needed to make a valid Will under Florida law. The Testator One of the most important elements of a Will is actually a person – the testator. This is the person who Read More

Important Elements of a Will

Your Will is one of the most important documents you will ever sign. So, it makes sense to have a Will that is complete. To do so, you will need to understand the most important elements of a Will. The Testator and the Will For a Will to be valid, the testator must: be of sound mind, be at least 18 years of age, have testamentary capacity, and sign the Will voluntarily without undue Read More

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

What Is Probate?

You have probably heard of probate. In fact, you may have read about celebrity estates gone bad or tips for avoiding probate altogether. Still, it is a good idea to understand exactly what it entails. Someday, you may be involved in probate for a loved one. Your loved ones may be involved in probating your estate also. Probate Defined Florida law defines probate of Will to mean “all steps necessary to establish the Read More

Estate Planning for the Single Adult

Esther shrugged as she read the headline, 4 Common Estate Planning Errors and How to Avoid Them. She didn’t bother to read the article. Esther thinks because she is young, single with no kids and a modest bank balance that she does not need an estate plan. Esther is wrong. Even single adults – young or not-so-young – need to do their estate planning. A Simple Will. Most adults own something – a car, furniture and Read More

Understanding Where You Stand: Florida’s Elective Share Statute

Roslyn and Martin’s marriage was troubled. They never divorced or even separated, but Martin’s anger got the best of him at one point. He decided to remove Roslyn as a beneficiary on all his retirement accounts, checking accounts, and savings accounts. He quietly retitled some business property to prevent her from receiving any benefit from it after his death. After his death, Roslyn was shocked to learn that her Read More

Competency: How to Know When Someone Is Capable of Signing a Will

Grandpa Joe’s family knew he needed to make a Will. He had even asked his granddaughter, Abigail, to take him to an estate planning lawyer. But he had also wandered out of the house in his pajamas and called Abigail by his late wife’s name several times. They were concerned about his competency. How could they know whether he was capable of signing his Will? Due in part to our rapidly aging Baby Boomer generation, Read More