When an individual passes away, his or her relatives usually take on the duty of wrapping up final affairs, canceling services that are no longer needed and, most importantly, seeing to matters listed in the decedent’s will. One action that...
A living trust provides more control over your assets and the process for dispersing them after you are gone. It also helps avoid probate, because the trust will own your assets going forward. According to Kiplinger, many estate planners forget to...
Misinformation can result in complications when planning your estate. Before you start the process of drafting a will, reviewing these common myths can help inform smart choices for your finances. These are the facts behind four often-repeated estate-planning misconceptions. The age...
Every adult should have an estate plan. Clearly mapping out your desires for how you want your assets distributed after your death lessens the burden on those you leave behind. While most people think of having a will drawn up,...
As strange as it sounds, passing down your business is one of the most important business decisions you make. In fact, you should have a plan for business succession before your business even gets off the ground. In order to...
It is natural to feel a sense of accomplishment after your estate plan comes together. After all, it has plenty of moving parts and takes a lot of time, effort and energy to orchestrate. But the journey is not over...
If you have a Florida will, your estate may pass through probate faster than if you die without one, but particular assets are still subject to the process. Going one step further and creating an estate plan can increase the...
When you create your estate plans, you do so with the intent of protecting your legacy. However, if you do not update your estate planning documents, your legacy could end up in the hands of some stranger or intended person....
Courts usually respect the terms in a valid will. It is difficult in most situations to change anything about a will after someone has died. However, there are some situations in which the court might consider a will contest. One...
Inheriting property is not always the windfall that most people assume it is. If you inherit Florida real estate after an elderly parent passes away, and if you do not have the time, means or motivation to keep it, you...
