Category Archives: Estate Planning
Highlighting Some Risks Of Joint Ownership In Florida Estate Planning
Florida’s probate process is infamous for a reason. The time cost, public record, and expense that inherently come with the process make it a no-brainer for many savvy Floridians to utilize estate planning tools in order to minimize the amount of probate the estate will have to go through. One popular option is to… Read More »
What Is Legacy Planning, And How Does It Relate to Estate Planning?
When most people think of “estate planning,” they think of ensuring that major assets – like the family home – as well as investments, etc. are passed onto their loved ones. However, there are a number of other additional concerns involved, especially for those who want to ensure that a particular legacy is left… Read More »
Estate Planning Strategies for Singles Without Children (And Why They Are So Important)
As attorneys who regularly counsel clients on creating and maintaining their estate plans here in Florida, we see a lot of couples with children interested in estate planning, while also noticing that a number of single individuals without children haven’t really given the topic much thought. However, for a number of reasons, it is… Read More »
Why You Must Have an Estate Plan in Place, Even If You Do Not Have Children
It is very important to note that, even if you do not have children, it is crucial that you have an estate plan in place—not only so that your assets do not pass to individuals you’d rather they not—but so that you do not find yourself in trouble, without assistance, should you become incapacitated…. Read More »
How to Go About Incorporating Charitable Giving Into Your Estate Plan
As attorneys who regularly advise clients in the area of estate planning, we regularly receive a number of questions about charitable giving, especially as it overlaps with estate planning and donating at the time of death. Incorporating charitable giving into your estate plan can become complex under some circumstances. Below, we discuss some of… Read More »
Making Your Florida Estate Plan “Doomsday Ready”
Florida has unfortunately seen its fair share of devastation from Hurricane Michael and other hurricanes, resulting in absolutely terrible losses. Truthfully, losing everything in an instant can happen to anyone, at any time. Because of circumstances like these, everyone should have a plan in place in case they are suddenly forced out of their… Read More »
The Eight Most Essential Estate Planning Steps
You might be surprised to find out that six in 10 adults haven’t yet drawn up basic estate planning documents, such as a will or durable power of attorney. However, this is one of the most important steps you can take to ensure that you and your loved ones are protected, should something happen…. Read More »
The Ins And Outs of Philanthropic Giving In Your Estate Plan
As Florida attorneys who regularly practice in estate planning, we frequently receive questions concerning how couples should go about incorporating philanthropic giving into their estate plan. Below, we discuss how to incorporate these goals into your plan, regardless of whether your motivations are tax-based, personal, etc.: Choosing One or More Charities Perhaps you’ve already… Read More »
Top Estate Planning Mistakes Made By Divorcing Women
Divorce is rarely an easy time for anyone, especially those who are most affected by its financial aspects. For women going through divorce, it can be especially important to stay focused on important financial matters because, according to some studies, a majority of married women leave control of major financial planning and investing to… Read More »
Simple Steps to Avoid One of the Most Common Estate Planning Mistakes
There is one major mistake that every level of wealth seems to make when it comes to estate planning, and it has to do with how they allocate assets amongst their beneficiaries and any charities they’d like to donate to, and whether that wealth comes from their IRA or other assets, such as a… Read More »