Florida residents who do everything in their power to take care of things properly when it comes to estate planning may be surprised to find out that there is one area that they may not have thought of. They may have covered all of the usual parts of estate planning,...
Cape Coral Legal Blog
Why you should consider a postnuptial agreement
When Florida couples begin their married life, they look forward to achieving their joint plans and goals. They might just be starting out financially or they might each bring different assets into the marriage. However, couples might also encounter challenges that...
What is the probate process?
When a person in Florida dies with a will, probate is usually necessary to validate the will and to complete the process of paying creditors and distributing assets. If a person dies without a will, probate may also be necessary, but the state determines how assets...
Business and divorces: How to lessen the impact
Business owners going through a divorce in Florida or anywhere around the country will understandably worry about the state of their business after completing the divorce. Thus, it is important to understand what you can do to lessen the impact of a divorce on a...
Estate planning: Common mistakes planners make
There's a unique time in history when the past generation begins to slow down or pass away. It is at this moment that a large amount of money begins to be transferred to the current generation. In fact, according to reports, over $68 trillion of wealth will exchange...
Know when it is time to update your estate plan
If the biggest estate planning mistake that people in Cape Coral make is not having a plan, surely the second most common error is not keeping their plan up to date. Like any other legal document, your estate plan is not set in stone. It can be modified and amended....
An executor will manage a decedent’s estate
Many people in Florida have heard about someone being called an executor for an estate, but they may not know exactly what the term means. An executor is the person who is responsible for taking care of all of the financial affairs of a decedent by managing the...
Credit card debt and divorces
In Florida and around the country, people know it can be difficult to divide assets in a divorce. An equally important but less pleasant task is assigning responsibility for debts during a divorce. Florida is a common law state when it comes to dividing assets and...
Keeping retirement accounts outside the probate process
For many Florida residents, their retirement accounts may be some of their most valuable assets. Any funds that are left over in the account after the holder passes on may be distributed as directed to a designated beneficiary. Like life insurance policies and other...
How are retirement assets divided in divorce?
When getting divorced, retirement savings are some of the most valuable assets a couple owns. They are often overlooked, especially by younger couples who are decades away from retiring. But these benefits should be divided properly to ensure that both spouses can...
Many Family Law situations can have a big impact on your future.
Don’t forget to update your estate plan.