Blended families are increasingly common. Couples divorce and either the husband or wife (or both) will remarry, making their children part of new, blended families.
Wealth management adviser: Estate plans make intentions clear
It’s a situation undoubtedly familiar to many in Brevard County: they have a will but wonder if they should take the next step and sit down with an estate planning attorney. While the will takes care of the basics, it leaves unaddressed some more complex issues that your heirs might face.
Avoiding probate through joint property ownership
Anyone who's been through the probate process for the estate of a deceased loved one knows how nerve-wracking and costly it can be. This is why most estate planners will want to do everything they can to save their heirs, beneficiaries and family members the burden of probate.
Mistakes to avoid after receiving an inheritance
Emotions run high when a loved one dies. And when that loved one passes on wealth, those emotions in play can sometimes lead to errors in deciding what to do with the inheritance, says an investment advisor.
Experts: unequal inheritances are perhaps logical, but not smart
Your daughter just paid cash for the biggest, most luxurious house in Cocoa. She is a surgeon, stand-up comedian with a series on HBO and an astronaut. Your son, on the other hand, just got fired from his job as a greeter at a big-box retailer and says he wants to move back into your basement with his wife and four kids.
Did you include your pet in your estate plan?
Most of us love our pets as much as we do our human children, and for this reason, it makes sense to include a plan for our pets in our estate documents. This plan doesn't have to be overly complicated and it doesn't have to be expensive to implement.
The powers that be: Florida's Durable Power of Attorney law
There are several important documents everyone should have in their Florida estate plan. Perhaps the most important is a basic will, but other planning tools are also useful, including a living will and power of attorney.
