Category Archives: Estate Planning
Do Stepchildren Have Inheritance Rights In Florida?
Today, blended families are extremely common in Florida. People who have children enter a relationship with a new romantic partner, perhaps who also has children of their own. Eventually, the couple may want to have children of their own. Blended families are a blessing but when it comes to estate planning, they can also… Read More »
Mistakes To Avoid When Drafting Your Digital Estate Plan
Traditionally, people included common types of assets, such as their home or vehicle, in their estate plans. Although these assets still appear in estate plans today, more and more are also including digital assets. People often have more digital assets than they think. Whether it is a cryptocurrency wallet or social media profiles, these… Read More »
Four Things Wills Cannot Do
When many people consider estate planning, drafting a will is often the first thing that comes to mind. Sometimes, it is the only legal tool people think they need. While wills are important legal documents and all adults should have one, there are many functions wills cannot perform. Below, our St. Petersburg estate planning… Read More »
What Is The Spousal Elective Share Rule In Florida?
State law in Florida prohibits people from disinheriting their spouse. The spousal elective share in Florida gives the surviving spouse the right to claim a certain percentage of the deceased spouse’s elective estate if the surviving spouse received less than that. Surviving spouses are entitled to this share regardless of what is written in… Read More »
Risks Of DIY Estate Planning
A quick search online for do-it-yourself wills, powers of attorney, and other estate planning documents will yield you a number of results. This approach to estate planning may seem convenient and affordable. While it may seem this way, it is not effective. These templates are meant for the masses. However, estate planning should address… Read More »
When Is It Time To Review Your Estate Plan?
Drafting an estate plan is one of the most responsible things you can do for yourself and your family. Contrary to what many people think, estate planning is not a do it and forget it task. It is just as important to review your estate plan regularly to ensure that it is up to… Read More »
Four Estate Planning Mistakes To Avoid
Contrary to what many people believe, estate planning is not only for the aging or the very wealthy. If you do not have an estate plan, state law will make all of the decisions for you including how your property will be distributed, how your finances will be handled if you become incapacitated, and… Read More »
Common Estate Planning Mistakes To Avoid
In Florida, all adults should have an estate plan. Many people think they do not need one because they do not have minor dependents, significant wealth, or they are not of an advanced age. In fact, nearly half of all adults do not currently have an estate plan in place, according to the AARP…. Read More »
Estate Planning Tips For Blended Families
Today, blended families are more common than they ever have been before. Blended families are typically a result of two people, who have children from a prior relationship, coming together to form a new family unit. Relationship dynamics are always changing and as different households come together to form a new one, there are… Read More »
How To Make Charitable Donations Using Your Estate Plan
Many people want to leave a legacy behind after they pass away. For many people, one way to do this is to support philanthropic, ideological, and religious organizations that align with their values. Including charitable donations in your estate plan is an effective way to ensure your property is used for charitable donations after… Read More »