One of the goals of creating a long-term legal and financial strategy is the ability to control what happens to personal property after passing. This includes real estate, physical assets and even cryptocurrency. However, many Florida adults overlook the importance of...
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Estate Planning
Unexpected babies and changes to estate plans
The birth of a new child is a time of celebration and joy. For some Florida families, the arrival of a new baby is an unplanned event, perhaps coming years after thinking the family was complete. When a child is added to a family, it could necessitate changes to...
Protecting assets through the terms of an estate plan
It can be extremely difficult to decide what will happen to personal property after passing. Most people do not want to consider their own mortality or discuss what will happen if they become incapacitated at some point in the future, but in reality, this is an...
Suggestions for storing a will
Creating detailed wills may help people ensure their assets end up in the right hands when they pass away. However, drafting a will is typically only the first step in the estate planning process. Once it is properly executed, it’s important to find the right place to...
Planning for potential medical needs in the future
With a thorough estate plan in place, it is possible to look to the future with confidence. Through carefully crafted plans, a Florida adult can know that his or her interests are secure and that he or she has the final say over important things that could arise in...
Trusts: Useful additions to any estate plan
Every adult will benefit from taking steps that will allow him or her to have a measure of control over what happens in the future. While it is impossible to know what will happen, drafting certain documents can provide one with the ability to control his or her...
Update your estate plan if these issues arise
Perhaps you’ve always been the type of person who plans ahead. For instance, if you know you must wake up early for work the next day, you lay out your work clothes and set the coffee pot the night before. If this describes your personality, you might also be among...
When will Medicaid pay for a nursing home?
Medical care is expensive, particularly when a patient has needs that are long-term or expected to last for the rest of his or her life. As individuals age, they typically need more assistance, and at some point, they may be unable to remain in their homes or live...
The importance of estate planning for business owners
Owning and operating a small business comes with various challenges, and it can take a significant amount of time before a company reaches a point of profitability. Due to the nature of running a business, many owners only think about the future only in terms of what...
Why is estate planning important?
Planning for what will happen after death can be an emotional and complicated process. In fact, many Florida adults avoid this process because they do not want to consider their own mortality, or they may assume this type of legal step is not necessary for where they...