Category Archives: Orlando Estate Planning Lawyer
Retirement Feels Out Of Reach For Grandparent Caregivers
Young people do not have an easy time these days, but neither do seniors. Journalists have had a lot to say recently about solo aging, since tens of millions of Americans who will be retiring in the next few years do not have a spouse or children and therefore will be spending their retirement… Read More »
Your Retirement Does Not Have To Be Dismal If You Have No Retirement Savings
Everywhere you look, you see news headlines about how generative artificial intelligence has become so advanced that, within our lifetimes, it will replace virtually every occupation in which humans currently engage. Whether this means financial hardship for almost everyone or basic income for almost everyone depends on what the AI plutocrats decide. Therefore, it… Read More »
Withdrawing Money From Your Retirement Account Before You Retire Isn’t Such A Bad Idea If You Are Using The Money To Pay For Long-Term Care Insurance
Millions of Americans look toward retirement with trepidation. They have no retirement savings and no long-term care insurance, and if they are close to retirement age, it is probably too late to get them. The most likely scenario for retirement is that they will live a meager existence on their Social Security income. If… Read More »
Pre-Mortem Probate Is Not An Option In Florida
Some people plan their funerals in such detail that you get the feeling that they wish they could attend their own funeral. They pick out the outfit they want to wear in their open casket, and they have it dry cleaned and hang it in the front of their closet, still wrapped in the… Read More »
Should Florida Retirees Choose A Will Or A Trust?
If you are just getting started on your estate plan, the sheer number of estate planning documents you can draft is astounding. What is the difference between a living will and a living trust? What are pour-over wills and holographic wills, and what could be bad about an “I love you” will? It sounds… Read More »
How Do I Make Changes To An Existing Will?
As a rule of thumb, most people should change their wills at least once every five years. More frequent changes are necessary if the testator (persona who makes a will) undergoes major life changes, such as having a child or grandchild, or a financial reversal of fortune (positive or negative). Executing a will in… Read More »
Making And Breaking A Prenuptial Agreement In Florida
A generation ago, most people believed that premarital agreements were little more than divorce insurance. More recently, Millennials have recognized the true value of a premarital agreement. Monetary disputes are a leading cause of divorce. Premarital agreements virtually eliminate the possibility of such disputes. Furthermore, when people sign on the dotted line, something almost… Read More »
The Three Categories Of Trust Lawsuits
Trusts have the reputation of being able to work miracles. If you believe the promotional content on the websites of financial planners, then trusts make everyone feel rich. The grantor gets to save money on taxes, the beneficiaries get to inherit more money, and start receiving payouts sooner, than if they had simply inherited… Read More »
What Happens To Your Estate Plan If You File For Divorce?
For people still in love with a spouse whose feelings have changed, divorce is the worst-case scenario. For couples who are at their wits’ end with each other, staying together until the bitter end is worse. Little do they know that it is much worse than either of those scenarios is when one spouse… 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 »