If your parent’s health is deteriorating and you are beginning to have concerns about your parent’s ability to protect his or her own wellbeing, you are right to be thinking about the legal options you have available. As our parents age, these types of situations become inevitable, and having a plan in place allows you to avoid uncomfortable, difficult, and potentially dangerous situations […]
You have a child with special needs, and up until this point you have focused your efforts on the present. You have consistently made sure that your child has everything he or she needs, and you have done what was necessary to ensure that your family has had the financial resources required to adequately provide for your child. But, your child is now quickly approaching age […]
In Florida, a will is a fundamental component of virtually any estate plan. Your will can – and should – serve a number of important purposes, and it should be carefully drafted with your personal goals and the specific requirements of Florida’s probate laws in mind.
While the substance of everyone’s will should be unique, there are a number of key provisions that are essential to building […]
Probate administration and trust administration are two very different procedures for administering a decedent’s estate. Among other differences, while probate administration involves dealing with the Florida courts, a trustee can administer a decedent’s trust without court involvement.
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? […]