Monthly Archives: November 2024
Understanding The Notice Of Administration
After someone you love passes away, you may receive a Notice of Administration from the probate court in Florida. At this time, you are likely still grieving the loss of your loved one, and you may just be trying to move forward without them in your life. The last thing you may be thinking… Read More »
Why Is Naming Your Child As Joint Owner Or Beneficiary Of A Bank Account A Mistake?
As a parent, making sure that your children are taken care of is likely your biggest priority. You may have even started the estate planning process to ensure they are financially supported in the future, even after you pass away. You might think that designating your child as a beneficiary on, or co-owner of,… Read More »
Understanding Will Contests
Challenging the will of a loved one who has passed is a long, complex, and emotionally draining process. Not everyone can challenge a will of a certain estate, and those who are eligible must still have certain legal reasons for doing so. If you are thinking about contesting your loved one’s will, you need… Read More »
Why A Will Alone Is Not Typically Enough
For many people, estate planning only entails drafting a will. Creating a will is an important part of estate planning, and it can lay the groundwork for other parts of an estate plan. However, simply having a will is not enough for most people. Using only a will does not guarantee that your wishes… Read More »
Common Mistakes To Avoid When Designating Life Insurance Beneficiaries
There are many important aspects of estate planning. Many people often first think of wills and trusts and while these can provide a foundation for your plan, there are other elements to consider, as well. Life insurance policies, and the beneficiaries you name, also play an important part. When designating beneficiaries in your life… Read More »
Important Questions To Ask Your Estate Planning Attorney
Everyone should have an estate plan that outlines how they would like their estate to be managed and distributed after their death. An estate also serves other purposes, such as naming a guardian for minor children and appointing a health care surrogate in case you are ever unable to make medical decisions for yourself…. Read More »
Estate Planning Strategies For High Net Worth Individuals
All adults should have an estate plan that can make things easier on their loved ones after they pass away. However, if you have acquired a great deal of wealth, assets, and other resources, working with an estate planning attorney is even more important. The larger your estate is, the more complications and issues… Read More »
When To Use A Codicil Or Create A New Will
Many people draft a will, store it in a secure place, and do not think about it again for many years. If you followed this common practice and have now realized that your will needs updating, you may choose to create a codicil, or draft an entire new will. So, which one is best… Read More »