Estate Planning

When you are minor and are named as a beneficiary in a will or trust, the inheritance money you receive will typically be placed in a trust. This is done to ensure that the money is managed and used responsibly until you reach 18, the age of majority, in Florida and...

If you are in a blended family in Florida, then you know that things can get a little complicated. There are more people to think about, and it can be difficult to make sure that everyone remains financially secure after you're gone. That's why it's important to start...

Figuring out how your assets will be distributed after your passing is an important step in making sure your life is in order. As a Florida resident, you'll want to safeguard your assets and pass them on to the people and organizations you care most about. Many people...

When you pass away in Florida, your assets are split between the government and your beneficiaries, including your descendants, charitable organizations, and any debts you might have. Setting up a Bypass Trust will allow you to direct your assets exactly where you...

A trust may be an ideal estate planning tool for those who are eager to sidestep Florida probate laws. It may also be ideal for those who want to keep the terms of their estate secret. Typically, an individual will create a revocable living trust, but in some cases,...

Whether you adopt a child or give birth naturally, your future changes the moment an infant is in your care. Looking forward with estate planning is a way of securing your family's future. Only 18-percent of Americans aged 18-34 have a will, despite 76-percent...

As you look ahead to your retirement, you are likely most concerned about your finances and whether you have enough saved for your future. You may want to know if you will have to return to work at some point or whether you have the savings you will need to cover...

A living trust is similar to yet distinctively separate from a will. If you don't know much about using a living trust in Florida could be wrong, learn the basic advantages and disadvantages of taking on this responsibility. Pros The biggest benefit of a living trust...

A corporate fiduciary is a company you can hire to serve as your estate's executor. Independent trust companies and banks may offer this service in Florida. You should consider the pros and cons of choosing a corporate fiduciary before coming to a final decision on...

When someone dies, their estate goes through a legal process known as probate. During this time, the heirs to the estate must take steps to ensure that they receive what is rightfully theirs. In Florida, there are specific laws in place that dictate how the probate...