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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Estate Planning
How to update your will
A will is an important legal document that outlines your wishes for the distribution of your assets and the care of your loved ones after you pass away. But if you do not keep it up to date, it will not accurately reflect your current intentions and circumstances. The...
Discover why you need a will right now
Did you know that more than half of Americans have no will? Lower-income and younger individuals also typically do not have wills. Unfortunately, no one knows when they could die, so avoiding the issue leaves their families and loved ones vulnerable and unprepared....
Why young professionals need an estate plan
The world awaits you, and you already have embarked on your journey. As a young professional earning much more money than others your age, you think that nothing can stop you. And along the way you do not even think about certain things at all. What things? Well,...
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...
5 reasons you should have an estate plan
As a retiree living in South Florida, the last thing you probably want to think about is making estate plan preparations. While it may seem uncomfortable at first, coming up with a plan is important. Proper estate planning can give you the peace of mind you need to...
Why parents should have a will
You may think that wills are only for the elderly. But every family should have a will in place, especially families with children. A will can protect your children, your assets and your extended family should the unthinkable happen and you die. The gift you give your...
What duties will your personal representative fill?
An estate plan is a large, complex thing that takes many years to create and maintain. A personal representative will typically handle nearly all matters tied to it after your death. Thus, it is crucial for this person to have what it takes to manage the estate and...
LGBT estate planning in Florida
In 2015, the U.S. Supreme Court legalized same-sex marriages in all 50 states. The landmark decision concludes, “No union is more profound than marriage ... Their hope is not to be condemned to live in loneliness, excluded from one of civilization's oldest...
What do you know about avoiding probate?
To take proper care of your loved ones after you die, you devise a plan for your estate and assets. But, how do you ensure they receive their assets sooner and avoid the probate process? AARP offers tips for keeping your estate out of probate court as much as...