Category Archives: Estate Planning
Next Steps After Signing Your Florida Estate Plan Documents
You will probably breathe a sigh of relief or even share a toast when you complete the Florida estate planning process and sign all the necessary documents. There is a great sense of accomplishment at finishing this very important task, and you get peace of mind knowing arrangements are in place for incapacity and… Read More »
Your Florida Estate Planning Update Checklist
Just as you conduct seasonal chores, take your car in for routine maintenance, and keep regular appointments with your doctor, it is equally critical to review your Florida estate plan on a periodic basis. Still, even though you know the importance of updates, it can be difficult to determine exactly when or how often… Read More »
Assets You May NOT Want To Transfer Through A Florida Estate Plan
When you think of the different mistakes people make with estate planning, the first that comes to mind is not doing anything at all. Details from an estate planning survey conducted by Caring.com reveal that this oversight is far too common, as 2 out of 3 adults in the US have not taken steps… Read More »
4 Reasons To Revoke A Florida Power Of Attorney Or Advance Directive
It was a smart move to execute a power of attorney and/or health care advance directive as part of your estate plan, as these two documents go a long way toward protecting your interests if you become incapacitated. Florida defines incapacity as lacking the ability to manage and make responsible decisions regarding your assets… Read More »
Avoid These Celebrity Estate Planning Mistakes
Of all the different reasons cited for not addressing estate planning, not being rich enough seems to make it on the list for many people in Florida. Unfortunately, this is also one of the most damaging misconceptions: According to Forbes, one of the top myths about estate planning is lack of wealth or assets… Read More »
Tips For Grandparents When Estate Planning For Grandchildren
If you have the means to do so, leaving money to your grandchildren is a way to support their future success and take care of financial needs. In particular, many grandparents in your position are looking for options to defray educational costs that continue to rise. Statistics reveal that college expenses have tripled in… Read More »
What Happens to My Estate Plan When I Move to Florida?
We have been hearing about the influx of people moving into Florida for the last few years, but updated statistics shed some light on recent trends. According to Tampa’s CBS affiliate WTSP News Channel 10; 387,479 individuals relocated to the Sunshine State between April 2019 and 2020. There are countless tasks associated with relocating… Read More »
Why Coordinate Retirement Planning and Estate Planning?
At first glance, you probably assume that the only connection between estate planning and retirement planning is age. Statistics show that many people retire around 65-67 years old, primarily because they can collect their full Social Security benefit and become eligible for Medicare. This is roughly the same time that many individuals face their… Read More »
4 Florida Intestacy Laws Should Convince You to Prioritize Estate Planning
Many Floridians put off making a will, some avoid it for a reason, and still others think they do not need one considering their financial or family situation. Even if you fall into one of these categories, you still probably know the benefits of making a will. However, rather than reiterate the advantages, a… Read More »
How Your Estate Plan Can Reduce Adult Sibling Rivalry
My mother came from a large extended family full of long standing rifts. For most of my life, she didn’t speak to her oldest sister who lived across from us and that sister didn’t speak to the youngest one who was her next door neighbor. It is a family joke that she would suddenly… Read More »
