Incorporating life insurance into your estate plan can serve a number of important purposes, from providing your spouse with the financial stability to keeping a privately-owned business in the family. Purchasing life insurance, and potentially establishing an irrevocable life insurance trust (ILIT), can serve as a form of asset protection as well.

As estate planning lawyers, we are frequently asked questions about life insurance. What does life insurance cover, exactly? Do I need it? […]

While preparing an estate plan allows you to address a number of important legal issues, for most people, estate planning is about peace of mind. You want to know that you will receive medical care according to your wishes should you become uncommunicative. And you want to know that, at the time of your death, the burdens on your loved ones will be no greater than […]

In Florida, the person who is appointed to administer a deceased individual’s estate is referred to as the decedent’s “personal representative.” While personal representatives have a number of obligations, they have some important rights as well. This includes the right to receive a share of the decedent’s estate if they have been named as a beneficiary in the decedent’s will.

In fact, not only is it […]