Putting off the creation of a last will or estate plan can make things much more difficult for your family, particularly if something happens to you before you take the time to create one. If you have already created a will or have decided it is time to do so, it's...
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Month: August 2019
What are the trustee’s responsibilities in a revocable trust?
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Aug 21, 2019 | Wills & Trusts
One of the most powerful estate planning tools a Florida resident has at their disposal is a revocable trust. Also known as a “living trust” and “revocable living trust,” the revocable trust has at least two critical people involved: the trustee (the person who holds...
Mistakes that can make grieving even worse for a surviving spouse
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Aug 17, 2019 | Wills & Trusts
The death of a spouse can, of course be emotionally devastating. But there are estate planning mistakes that can make the grieving even worse for those left behind.A Florida estate planning attorney interviewed by Forbes said that one of the most common shortfalls is...
Florida law prevents you from disinheriting your spouse
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Aug 12, 2019 | Firm News
After being married for years or even decades, some couples grow apart instead of growing together. There are many issues that can deteriorate the spousal relationship, ranging from infidelity to substance abuse or just a change in personality. If one spouse becomes...
A year after Aretha’s death, court takes over estate administration
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Aug 7, 2019 | Estate Administration
Aretha Franklin died nearly a year ago. Unfortunately for her family, the late singer left behind no will to explain how her substantial assets would be distributed.Many observers correctly predicted at the time that family members would soon be divided over how her...
Wills and beneficiary designations are critical in an estate plan
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Aug 6, 2019 | Firm News
All adults need to have an estate plan in place, however many think that they don't have enough assets or they are too young. Because you never know when something will happen, it is best to be prepared so that your family isn't left wondering what to do should the...
The role of undue influence in will contests, probate litigation
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Aug 5, 2019 | Wills & Trusts
The old adage holds that the only things you can count on are death and taxes, but we know that’s not true. We can also count on gorgeous sunrises over our Brevard County beaches, annoying TV commercials, red lights when you’re in a hurry and losing track of stuff you...