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Once their children enter adulthood, many parents revise their estate plan looking for the most effective way to distribute their assets to their spouse and, ultimately, their kids. But these plans sometimes fall short of preventing serious problems. One of the most...
Estate Planning
Important Estate Planning Considerations During COVID-19 Coronavirus Pandemic
The Governor of Florida recently declared a state of emergency to address the COVID-19 Coronavirus pandemic. The entire State of Florida is now subject to severe restrictions which affect our everyday lives. Many of us may find ourselves or our loved ones impacted by...
Am I too young for an estate plan?
Florida is one of America's most popular retirement locales, so it's no wonder that many legal services here target the elderly. However, for those who are studying in college, beginning their professional lives, or just starting a family, estate planning can be a...
3 major estate planning mistakes most people make
You're in your 50s, so you're thinking about estate planning. You have a few children, a good amount in assets - investments, cash, real estate and much more - and you want to make sure they get passed on to your kids properly. But you haven't done anything yet. If...
Designing an estate plan for your digital assets
If you have been following our blog on estate planning, you know how important discuss the components of this legal portfolio with your parents. In the past, most conversations about estate plans typically included wills, advanced medical directives and trusts. Today,...
Why You Should Talk to Your Aging Parents Now About Estate Planning
With advances in medicine and healthier lifestyles many individuals today are living longer and longer. Many of us have aging parents who are lively and independent, however, one day it will be our responsibility to take care of them. Unfortunately the law does not...
How To Avoid the Slow and Costly Probate Process In Florida.
Many of my estate planning clients are surprised to find out that a properly executed Will does not avoid probate. In fact signing a Will gives your entire estate a first class ticket to the slow and costly probate court after you die. If you pass without a Will the...
A Qualified Income Trust May Be Required To Be Eligible For Medicaid Benefits In Florida.
Many retirees today are finding out that they have too much monthly income to qualify for Florida Medicaid benefits to pay for their long term care. The solution is to set up a Qualified Income Trust also known as a "Miller Trust" as part of your estate planning...