Recent Blog Posts
Using Trusts in The Right Way
You’ve heard it time and time again: Even if you have a will, you have not necessarily engaged in estate planning and you definitely are not “done” in the sense of making sure you and your loved ones are taken care of if something happens to you and/or your spouse. This is because your… Read More »
Estate Planning for A Farm
While a farm is technically property, good estate planning for a farm can sometimes be different than planning for other property in that some families have owned and worked that land for decades and have very specific goals in mind when it comes to succession planning. Estate planning when it comes to farms also… Read More »
Estate Planning When You Do Not Plan to Leave Your Children with an Inheritance
As estate planning attorneys who practice here in Florida, we counsel a number of clients on a broad array of wishes and hopes for their legacy planning. Some of that includes how to discuss potentially sensitive and difficult conversation topics with family, such as informing one’s children that a couple or individual wants to… Read More »
“If We Have a Handwritten Will, But Haven’t Consulted a Lawyer, Will We Avoid Probate?”
A question that was recently highlighted in a news publication highlights an issue that creates confusion for a number of couples, and that involves uncertainty about when, exactly, enough has been done in terms of estate planning to avoid the probate process. In this case, the couple had their house established (with what is… Read More »
The Most Surprising Things You Might Not Think to Address in Your Will
As estate planning attorneys here in Florida, we find that the new year tends to bring a number of individuals and families into our office to ask about how they should best plan for their future needs. Below, we discuss three surprising issues that clients frequently question us about when it comes to estate… Read More »
The SECURE Act Passed in The Night: What This Means for Your Estate Plan
While everyone was busy with the holidays, legislators effectively passed the SECURE Act’s provisions in the budget bill signed in late December. We have previously discussed the important effects that the legislation will have on stretch IRAs and thus estate planning for non-spouse beneficiaries, however, the changes made via the Consolidated Appropriations Act –… Read More »
Using Estate Planning to Ensure That Your Pet Is Safe While You Are Alive
We’ve previously discussed your ability to make provisions for your pet in your will, but how do you specifically do that? What if you become incapacitated and can no longer care for them while you are alive? As estate planning attorneys here in Florida, we regularly encounter questions from clients concerning how to best… Read More »
The Most Important Mistakes to Avoid When It Comes to Naming Beneficiaries
We’ve previously discussed the importance of beneficiary designations and keeping them updated in order to ensure that certain assets such as your 401(k) and life insurance policies are passed on in accordance with your wishes. Below, we also discuss some of the most common mistakes when it comes to naming beneficiaries and how you… Read More »
Using Life Insurance to Strategically Plan Your Estate Post-Divorce
As estate planning attorneys here in Florida, we frequently encounter clients who are going through or contemplating divorce, we regularly receive questions regarding whether or not there are particular estate planning choices that can help protect families and divorcees. For some clients, life insurance can help address some of these concerns, and you can… Read More »
Inherited IRA Rules You Should Be Aware Of
If you have inherited an individual retirement account (IRA), it can be very confusing in terms of how your new account or asset is affected by estate, financial and tax planning. Your choices very much depend upon if you are a spouse or non-spouse, who left you the IRA, and whether the original account… Read More »