8Nov, 2019

How Can (and Should) Life Insurance Factor into Your Estate Plan?

November 8th, 2019|Estate Planning|

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? […]

21Oct, 2019

Guardianship of Minor Children: How Can You Protect Your Children in Your Estate Plan?

October 21st, 2019|Estate Planning|

As a parent with a minor child (or two or more minor children), ensuring that your child’s (or children’s) needs are met in the event that you die unexpectedly is an important part of the estate planning process. In addition to appointing a guardian, there are financial considerations to address as well, and there are several questions you will want to answer to ensure that you […]

21Sep, 2019

7 Practical Estate Planning Considerations for Florida Residents

September 21st, 2019|Estate Planning|

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 […]

8Sep, 2019

I Have a Will. Do I Also Need a Trust?

September 8th, 2019|Estate Planning|

You have a will. Maybe you worked with an attorney years ago, or maybe you went online and bought an “estate plan” that consisted of a basic will and a power of attorney. Now, time has passed, some things in your life have changed, and you are wondering: Do I also need a trust?

Let us start by saying that everyone’s estate planning needs are different. An […]

21Jul, 2019

Can a Personal Representative Be a Beneficiary of a Will?

July 21st, 2019|Estate Planning|

willIn 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 […]