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One of the reasons why testators sit down to draft a will is to minimize the chances of their loved ones fighting over their estate once they pass away. Estate planning sometimes doesn't have the desired result, however, especially when there are questions about the...
Wills & Trusts
2 dangers of an inheritance for a child with special needs
Parents raising a child with special needs often have more expected of them. Their child will usually require more attention on a daily basis and ongoing support for longer than other children. It is not uncommon for adults with special needs to remain financially...
Can you contest a will? What do you need to prove?
Many people work hard to help their loved ones during their final years, and a few of those people shockingly find that they’ve been removed from their parent or loved one’s will. Getting disinherited can be hurtful and surprising. You may also suspect that it was...
How to plan your estate when a loved one struggles with addiction
It can be very difficult to watch a child or other family members struggle with chemical dependence. Addiction not only steals opportunity from people but it also often changes their personality. Someone that you want to trusted and respected might now be capable of...
Do I need to create a special needs trust?
If your child has a disability, you may wish to consider creating a special needs trust as part of your estate plan. While not always necessary, there can be considerable advantages to doing so. Here are some reasons you may wish to create one. A special needs trust...
Using a trust protects your beneficiaries
When you have loved ones who have special needs, one of the things you may choose to do is to set up a special needs trust for their benefit. Whether you’re a sibling, grandparent or even someone unrelated to the person with a disability, you have a right to create a...
The upside to an incentive trust
One of the most controversial types of trusts is an incentive trust. It’s not ideal for every family or every situation. However, it is a powerful tool when doing your estate planning, so it’s worth considering. What Does It Do? The incentive trust will give...
Will a no-contest clause prevent an estate challenge in Florida?
Sometimes, when someone dies, their family discovers that there is something amiss with their estate plan or last will. Maybe they disinherited all of their direct family members in favor of the paid medical assistant who lived with them in their last month. Perhaps...
Four essential documents in the age of COVID-19
According to a recent Florida news report, the coronavirus pandemic has resulted in “lawyers . . . being bombarded with requests to write wills, update estate plans and prepare health surrogate . . . documents as people are confronted by the realization that they...
Estate planning can be done remotely
News outlets are filled with articles about virtually every health and financial aspect of the novel coronavirus. We read a recently published article that addressed an important aspect of this public health emergency: “The reality of COVID-19 has forced many of us to...