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Category Archives: Orlando Estate Planning Lawyer

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Is Collecting Sports Memorabilia a Substitute for Estate Planning?

By Gierach and Gierach, P.A. |

In the world of estate planning, conventional wisdom says that your family members do not want to inherit an uncategorized pile of your personal property.  In fact, the legal term “personal property,” which refers to all physical objects you own that are not real estate, might as well just be a euphemism for clutter. … Read More »

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Four Retirement Questions to Ask Yourself in Your 50s

By Gierach and Gierach, P.A. |

If you make a first visit to an estate planning lawyer when you are in your 50s, the lawyer might tell you that it is impossible to make a satisfactory estate plan without first thinking about how you plan to manage for finances during retirement.  This is what estate planning lawyers mean when we… Read More »

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The Statute of Limitations for Filing Claims Against the Estate of a Deceased Person

By Gierach and Gierach, P.A. |

If you know that a relative has left you X percent of their estate in their will, you might start seeing dollar signs, but don’t get too excited yet.  X percent of the wealth the person owns while they are alive does not equal X percent of what will be left by the time… Read More »

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Advantages of Holding Property in Trust

By Gierach and Gierach, P.A. |

Setting up a trust for children or grandchildren is a common practice. After all, there are times when parents want to set up parameters for the inheritance of their adult children. This could be because they worry their child will use their inheritance on unhealthy habits or that the spouse of their child will… Read More »

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The Annual Gift Tax Exclusion Can Shed Some Holiday Cheer on Your Estate Planning Process

By Gierach and Gierach, P.A. |

When your children were little, the holidays were a time of unbridled excitement.  What could be more fun than watching your children discover previously unseen details in the holiday décor, tear open the wrapping paper on their presents, and stuff their faces with candy canes and gingerbread cookies?  Now that they are adults, the… Read More »

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Planning the Future of Your Florida Assets

By Gierach and Gierach, P.A. |

In order to take care of the ones you love after you pass away, it is important you make proper estate plans. This is true for everyone, not just individuals with massive amounts of property and assets. If you have assets and you want them to be distributed to your beneficiaries, talk to an… Read More »

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What Happens If You Do Not Designate a Guardian for Your Child, And Something Happens to You Both?

By Gierach and Gierach, P.A. |

Guardianships are more important than many realize. Here in Florida, we hear a lot about them with respect to the elderly, especially concerning the corruption that has been unearthed in connection with some professional guardians and examining committees that judges rely upon in deciding whether individuals are incapacitated and in need of a guardian…. Read More »

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How A Castle Trust Can Help You Manage Long-Term Healthcare Costs

By Gierach and Gierach, P.A. |

We have frequently discussed forming trusts in order to protect your estate from going through probate and allow you to directly pass your assets onto your heirs. But one particular type of trust that you can use – especially if you are concerned about potential nursing home or other healthcare costs at some point… Read More »

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If You Own a Second Home, Make Sure You Plan for It in Your Estate Plan Now

By Gierach and Gierach, P.A. |

More than seven million Americans have second (or vacation) homes, and many are now concerned that, as a result of the coronavirus bailouts, they could face an increase in estate taxes in the next few years. For this reason, planning for these assets is a very important part of your estate planning process, and… Read More »

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Estate Planning for A Farm

By Gierach and Gierach, P.A. |

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 »

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