Category Archives: Estate Planning
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 »
Estate Planning Options For High-Net Worth Individuals
All adults can benefit from a comprehensive estate plan. Still, the more property and assets you own, the more important it becomes to work with a St. Petersburg estate planning lawyer. There are many other considerations, such as tax implications, that impact larger estates and make it even more critical for high-net worth-individuals to… Read More »
How To Choose A Personal Representative For Your Estate
When planning your estate, there are many decisions you will have to make. Namely, you will have to determine how you want your property distributed after your death. Below, one of our St. Petersburg estate planning attorneys explains how to choose a personal representative who is trustworthy and who will ensure your property is… Read More »
What Is A Waiver Of Spousal Rights?
In Florida, when a married individual passes away, their spouse automatically has certain rights. While these rights are intended to protect spouses of a decedent, there are also times when those rights may be waived. Below, our St. Petersburg estate planning attorney outlines the basic rights of spouses in Florida, and what is required… Read More »
Using A Beneficiary Designation To Avoid Probate
When people open a bank account, they complete many forms. The forms typically ask for the names of the owners on the account, those with signing authority, and the beneficiaries of the account in the event that the original owner passes away. The person you name on the beneficiary designation form will receive any… Read More »