Category Archives: Wills
Can You Modify An Irrevocable Trust?
There are many different types of trusts in Florida and they can all protect your property and ensure it is distributed according to your wishes after you pass away. One type of trust is irrevocable trusts and as the name suggests, these documents cannot be changed or revoked after it has been drafted and… Read More »
Why You Should Not Omit Your Spouse From Your Will
According to a recent study, more than 60 percent of adults in America have not yet created their estate plan. Failing to create an estate plan can leave you and your family without the protection you may need if the unexpected occurs. Still, it is important to understand how the law applies to your… Read More »
Benefits Of Using A Living Trust
Estate planning entails the use of many different legal documents and tools that can help ensure your family is cared for after you are gone. Estate planning can also ensure that your interests are protected during your lifetime. Wills are often the first document people think of when planning their estate, but there are… Read More »
Things To Know When Amending Your Will
All adults in Florida should draft a will that outlines how they want their property distributed upon their death, the preferred guardian of minor children, and more. After creating a will, though, it is also important to review it periodically to ensure it still reflects your final wishes. While it is important to make… Read More »
Why Create A Charitable Trust?
It is not uncommon for people to want to use their property to leave the world a better place when they pass away. Some people simply want to leave behind a legacy of philanthropy, while others want to use the assets they will no longer need to do good in the world. A charitable… 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 »
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 »
Do Trusts Protect Your Property From Lawsuits?
When it comes to protecting the assets you have worked your entire life to accumulate, having a solid plan in place is of the utmost importance. If you are exploring asset protection strategies, you may have considered establishing a trust. Truthfully, the amount of protection a trust will provide depends on many factors including… Read More »