Recent Blog Posts
Downsizing Your Home For Retirement
If you have always had misgivings about the McMansion life, retirement is the ideal time to break free from it. Depending on your work situation, you might even be able to ditch your McMansion while you are still in the workforce, as long as your children have grown up and moved out of the… Read More »
Getting Real About Credit Card Debt And Your Estate Plan
Young people love to remind you that your generation had a lot of things easier than they will ever have. Homeownership was more affordable in your day, and so was everything else. Job stability and retirement pensions were easier to find. This does not mean that seniors are immune to financial hardships, though. Years… Read More »
Estate Planning New Year’s Resolutions For 2025
Congratulations on making it through 2024. Even if you still feel young, you are old enough that living to see another year counts as a victory. You are too old for unrealistic New Year’s resolutions like eliminating all enjoyable foods from your diet or becoming fabulously wealthy, but you are just the right age… Read More »
Your Estate Planning Hurricane Box
In Florida, no one has a basement; it is simply not possible to build a basement into the limestone. Likewise, most people do not have a proper attic. Every Florida household has a hurricane box, however; depending on how much space you have in your house or apartment, you might keep it in your… Read More »
Do You Qualify For Summary Administration Or Disposition Without Administration?
Anyone whose financial situation went from bad to worse because of the costs and time commitments involved with the probate of a deceased family member’s estate can tell you that it is a mistake to believe that you do not need to write a will. Probate isn’t just about money; it is about decision-making… Read More »
Removing A Personal Representative From A Probate Case
Not every probate case includes a will, but they always involve a personal representative. The personal representative is responsible for following the instructions in the will to distribute the estate to beneficiaries, but only after settling the decedent’s outstanding debts and filing a final tax return on behalf of the estate. If the decedent… Read More »
Do Too Many Personal Representatives Spoil The Estate?
If your estate goes through probate, whether or not you have a will, the probate court will appoint a personal representative, also sometimes called an executor of the will. Your will should mention by name the person you choose to be personal representative of your estate. By including this provision in your will, you… Read More »
Retirement Accounts: An Underrated Asset Protection Strategy
Perhaps your mother was right that, when trying to get others to see your point of view or do your bidding, you catch more flies with honey than you do with vinegar. Estate planning lawyers can attest, however, that while some people enter the law office with dreams of being generous to their descendants,… Read More »
Maybe Revocable Trusts Are Overrated
Writing a will is a good first step toward building an estate plan. It can bring you a sense of relief, since you have cleared up ambiguities about how you want the probate court to distribute your property, but it does not make you feel financially well off. Typing your will in a Word… Read More »
How Does Probate Work If The Decedent Was Not A Legal Resident Of Florida?
If you moved to Florida late in life, you are in good company. A common topic of conversation in Florida is how rare it is to meet a native Floridian above the age of 30. Some people settle in Florida during their working years, while others choose it as a retirement destination, and then… Read More »