Estate planning is an important process that ensures your hard-earned assets get distributed according to your wishes after you are gone. However, several common mistakes can jeopardize this important endeavor. Understanding these pitfalls is important for...
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3 questions to consider when appointing fiduciaries
A fiduciary is a person who holds a trusting legal or ethical relationship with another person or group. The fiduciary will act on behalf of the person who appointed them, therefore they should act in an extremely loyal manner to the person to whom they owe a...
When should you consider a postnuptial agreement?
If you and your partner decided against a prenuptial agreement, it does not mean that you cannot make a similar agreement after marriage. Sometimes, a prenup does not sound like a good idea, despite how it serves a legitimate purpose. According to U.S. News, a...
Relocating from Florida with children after divorce
After divorce, a Florida resident may wish to get a fresh start by moving out of state. If the couple has children together, however, shared custody may impact whether either parent can relocate without permission from the court. Review the factors that affect...
A prenuptial agreement is not a divorce agreement
Many people associate prenuptial agreements, called premarital agreements in Florida, with divorce. While you and your future spouse can include terms in your contract that address divorce, you can include a number of other things, as well. According to the Florida...
Do grandparents in Florida have visitation rights?
As a Florida grandparent, you may value any time you spend with your grandson or granddaughter, and it may unnerve you if anything threatens the relationship that exists between you. If your child is not married to your grandchild’s other parent, or if the child’s...
What happens if you die without a will?
When you are young and healthy, drafting a will may not be at the top of your list of priorities. You would be remiss not to create one, however, as failing to do so may cause your loved ones unnecessary hardship. Per CNN Money, dying without a will, or dying...
How children benefit when their parents share custody
Sharing time with your child may not be your first choice, but when your son or daughter spends time living in the homes of both parents, it may lead to lifelong benefits. If that joint-custody arrangement was not your initial preference, understanding how it may...
Your home options in a divorce: keep or sell
Divorcing spouses who own a home together know they must figure out what to do with their shared home going forward. For families with young children, there may be a particularly strong desire to retain the home as a means of providing some consistency for the kids....
Remarriages, prenups and estate planning
Many people who get married for the second or third time may well be at a point in their lives when they have amassed a reasonable set of assets. They may also have grown children and potentially even grandchildren. These are just some of the factors that make it...