With so much at stake in this year’s election, including the White House, control of the U.S. Senate and House of Representatives, as well as seats in Florida’s Senate and House, it promises to be a boisterous, bruising electoral season.
How trusts can be customized to suit your needs
The vast majority of people write a will during their lifetime. This will, when done right, is a legally recognized document that enables a person's estate to be distributed according to their wishes. However, assets that are distributed according to the instructions set out in a will are subject to probate. This means that it will take a significant amount of time to process the assets, and the will may be subject to contest. The probate process is also a costly one, which means that a part of the estate will need to pay for probate rather than be distributed directly to beneficiaries.
Advice columnist: Estate planning is important part of fighting cancer
When people are feeling good, it can be difficult to think about not feeling good. When people are healthy, it can also be difficult to think about illness. Those are pretty common and understandable human traits that help people avoid discussions of serious illness and end-of-life plans.
Allegations of trustee misconduct over missing millions
At 73 years old, the Navy veteran is fortunate to still have his mother around. His 92-year-old mom has considerable financial assets – including Florida property – but she and a Probate judge wonder what became of $6 million in her estate.
Is it time to review and alter your estate plan?
Once you create an estate plan, you can sit back, take a deep breath and realize that you now have everything the way you want it. However, as the months turn to years, you may find that your original estate plan requires some attention.
