Category Archives: Estate Planning
How To Avoid Common Mistakes With Life Insurance Beneficiary Designations
Estate planning involves many different components, and choosing a life insurance beneficiary is one of them. When you take out a life insurance policy, you will name a beneficiary. The beneficiary will receive the proceeds from the policy after you pass away, and the policy is not subject to the probate process. Designating a… Read More »
Heirs Vs. Beneficiaries: What Is The Difference?
People often use the terms ‘beneficiary’ and ‘heirs’ interchangeably. While the two terms both refer to loved ones and people in your close circle, there are differences between the two. When drafting your estate plan, it is important to know what these differences are. If you do not, it can result in unnecessary confusion… Read More »
Estate Planning Considerations For LGBTQ+ Couples
Regardless of whether you are married or in a committed relationship, it is important to draft an estate plan. Many people think that an estate plan will only impact what happens to their estate after they pass away, but they can also dictate what happens during your lifetime. A comprehensive estate plan is the… Read More »
Why Are Letters Of Instruction Important?
Of all the ways to plan for your future, drafting a will or trust is one of the best. Creating a comprehensive estate plan also provides a great deal of protection for your family members in the event that you pass away. During this difficult time, your loved ones will have to make many… Read More »
Consequences Of Not Filing Probate
After someone passes away, the property they owned during their lifetime usually must go through the probate process. There are ways to avoid probate but in many cases, it is still necessary. The probate process involves many important steps, such as proving the will of the deceased and distributing property to the beneficiaries named… Read More »
Selecting The Right Daytona Beach Estate Planning Lawyer
It is very important for all adults in Florida to have an estate plan in place. No one knows what will happen tomorrow and drafting an estate plan will not only protect your loved ones, but also you if you are ever unable to make important decisions for yourself. If you have considered creating… Read More »
Common Myths About Your Estate After You Pass Away
Estate planning is important for all adults in Florida. With a comprehensive estate plan, you can ensure that your loved ones are cared for and supported after you pass away. Unfortunately, there have been many myths and misconceptions that have emerged regarding estate planning over the years. It is critical that you do not… Read More »
The Three Types Of Probate In Florida
Losing a loved one is one of life’s most difficult experiences. As you move through your grief, it is very challenging to navigate the legal process of administering your loved one’s estate. Unfortunately, the probate process in Florida can quickly become complicated. In fact, due to the fact that there is more than one… Read More »
Mistakes To Avoid When Creating A Trust
Revocable trusts are legal documents created by an individual, known as the grantor, during their lifetime to protect their property and outline how it is to be distributed upon their death. Trusts also name beneficiaries and these individuals receive the property within the trust upon the grantor’s death. When a trust is established, a… Read More »
Tips For Choosing A Guardian For Your Children
Many people understand that they should draft a will in order to ensure their property is distributed according to their wishes if they pass away. While this is an important purpose for wills, this legal document can also name a guardian for your minor children who will care for them if you and their… Read More »