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Category Archives: Estate Planning

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Seven Common Estate Planning Mistakes

By Legacy Protection, LLP |

Creating a will, trust, and other documents in the event that you become incapacitated are all very important steps when you embark on planning for your estate. Unfortunately, there are also many mistakes you can make along the way and these can impact you during your life, or your loved ones after you pass… Read More »

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Busting Common Myths About Estate Planning In Florida

By Legacy Protection, LLP |

Many people know how important estate planning is for the future of themselves and their families. However, there are many misconceptions surrounding the process, the tools available, and who needs it. Below, our St. Petersburg estate planning lawyer outlines the biggest myths surrounding the process, and the truth behind them. Estate Planning is Not… Read More »

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What Do Prenups Have To Do With Your Estate Plan? A Lot!

By Legacy Protection, LLP |

When considering estate planning or prenuptial agreements, you may not think one has much to do with the other. However, that is not true. A prenuptial agreement is a contract that outlines how your assets will be divided between you and your spouse in the event of divorce or death. An estate plan dictates… Read More »

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Why Do-It-Yourself Estate Planning Can Hurt Your Loved Ones

By Legacy Protection, LLP |

Taking on do-it-yourself (“DIY”) projects, such as hanging up your own wallpaper or changing the oil in your car, is a hobby for many and a great way to save money. However, this same approach should not be taken with your estate planning needs. While estate planning tasks, such as drafting a Last Will… Read More »

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Where Should You Store Your Estate Planning Documents?

By Legacy Protection, LLP |

You have put a lot of thought and care into creating estate planning documents that will protect your family and ensure your final wishes are fulfilled. However, if no one can find these documents upon your passing, they may not provide the protection you had thought they would. The court may even presume you… Read More »

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Four Ways Proper Estate Planning Can Protect Your Children

By Legacy Protection, LLP |

As a parent, protecting your child is the most important thing to you and an estate plan is one way to protect your children. Regardless of the age of your children, a proper estate plan can eliminate questions and avoid disputes in the event of a crisis. Below, one of our St. Petersburg estate… Read More »

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Five Tips To Consider For A Successful Estate Plan

By Legacy Protection, LLP |

If you have recently thought about protecting your business, retirement, and overall future, you may have considered creating an estate plan. If this is something you have yet to do, it is important to know many people are in the same situation. In fact, research has shown that only one-third of Americans have a… Read More »

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Answers To Your Questions After Losing A Parent

By Legacy Protection, LLP |

The bond between a child and parent does not end once the child becomes an adult. Many people continue to rely on their parents for support and guidance long after they have become adults and even when they have families of their own. If your last surviving parent has recently passed away, you likely… Read More »

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The Difference Between Transfer On Death And Payable On Death

By Legacy Protection, LLP |

Important elements of the estate planning process often involve helping loved ones avoid probate in the future. Probate can be a time consuming and tedious process, and it often means delaying your loved one’s inheritance for years to come. Probate can also become very expensive and the cost to administer the probate can be… Read More »

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The Importance Of Including Stepchildren In Your Estate Plan

By Legacy Protection, LLP |

Estate plans are always an important tool but if you have stepchildren, you must take extra care with yours to ensure your stepchild receives any inheritance you wish to leave them. If you have not legally adopted your stepchild, they do not have any automatic rights to any inheritance you may wish to leave… Read More »

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