Estate Planning

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...

Estate planning is a confusing topic to many people, and it's often hard for them to understand the differences between wills, trusts, and the concept of estate planning itself. Here's what you need to know. What is estate planning? Estate planning is the process of...

When you create a plan for the future, your goal is to draft documents and include provisions that will protect your interests, shield your rights and give you the ability to decide what will happen to your property after your passing. Creating an estate plan allows...

Maintaining an up-to-date estate plan is necessary to ensure that your assets are properly distributed when you pass away or are incapacitated. However, small errors can create significant problems during the estate settlement process. Sometimes, no one can correct...

Sharing an account with a family member is a simple enough process. But Florida probate law can complicate the matter. Probate determines who gets what after the will-holder passes on. Technically, any financial instrument with the deceased's name is legally...

There are pros and cons to every estate tool you have, so your final decision should be based on a diverse strategy that works to achieve your personal goals. When it comes to trusts, you have a choice between revocable and irrevocable types. Here's a look at how...