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May 2019 Archives

What is digital estate planning?

When you consider estate planning, you may think about writing a will to describe how you want your belongings distributed among your survivors when you pass away. However, you may also want to think about making a digital estate plan. While Florida, like most other states, has specific guidelines for traditional wills, there is not as much guidance for digital estate planning. This relatively new concept is not yet well-defined, but there are some basic steps that may help you start the process.

How can I avoid foreclosure scams?

When faced with foreclosure, it's natural to want to do everything in your power to prevent it from happening. This leads to many well-meaning people to fall prey to foreclosure scams, which promise homeowners help that never actually materializes. Being able to identify these scams is a must to prevent you from throwing your money away. In this case, PennyMac offers the following advice. 

Why do people procrastinate estate planning?

One of the biggest mistakes that you can make with your estate planning is just putting it off. If you procrastinate for too long, there's a chance that you could pass away before you get around to it. This can create all sorts of problems for your heirs and may lead to some serious estate disputes.

Know the inheritance rights of the surviving spouse in Florida

Florida law has many rules in place for managing probate and estate issues. Generally speaking, if the family members of someone who dies don't agree with the terms of the last will or estate plan, the family can challenge the plan in probate court. The courts will also handle arrangements for those who die without a valid last will or estate plan on record.

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