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...
Estate Planning
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...
Why should you periodically review your estate plan?
Planning your estate in Florida is just the beginning of taking control of your future. Guaranteeing that your plan correlates with your final wishes requires you to keep it updated. Changes throughout your life may impact decisions you thought you already solidified....
How should you prioritize your estate plan review?
Writing your estate plan takes a lot of time and effort. Reviewing your estate plan may often feel just as daunting because of that. But there are ways you can streamline your review, especially if you review your plan regularly. The best way to streamline is to...
When should you review your estate plan?
After you create your estate plan, you should not just sit on the finished plan. Your plan should constantly reflect your most current life circumstances. This means you should review it somewhat frequently and update it when necessary. But how do you know when to...
Will I enjoy more privacy by setting up a trust?
There are many reasons why people set up a trust. They want to keep control over their assets, or they do not wish to send an inheritance to their children through probate. There is another reason to consider a trust. You may want to draw as little attention as...
Keeping control of your assets with a revocable trust
Part of estate planning involves preparing for situations where you may not be able to make your own financial decisions. An illness, an auto accident or the onset of dementia may impair your competency, which can lead to someone else taking over your finances....
What is a simple will?
A common belief is that estate planning is for people who are in the twilight of their lives. However, it is important to have some provisions in place in case the unexpected and tragic occurs, no matter how young or old you are. It is true that if you are on the...
Planning for potential estate taxes
As you immerse yourself in the estate planning process in Florida, one important element to consider is preparing for the potential of taxes. Most people come to us here at the Law Office of Cheryl Bucker, P.A. assuming that both the local and federal government will...