Losing a loved one is a difficult experience, and dealing with their estate adds another layer of complexity. Probate, the legal process of distributing assets after someone's death, can be smooth sailing or a frustrating journey filled with delays. While the exact...
Estate Planning
Trusts demystified: How they work and why you might need one
Trusts are legal arrangements that allow individuals to transfer their assets to a trustee who is then responsible for managing and distributing them to specified beneficiaries. Trusts can be an excellent estate planning tool that helps you protect your assets....
Tips for avoiding probate
Probate can be a lengthy and complex legal process that your loved ones may have to navigate after you pass away. However, you can streamline this process and minimize the burden on your heirs. Establish a living trust Did you know that only 33% of people in the U.S....
How does a testamentary trust work?
Putting aside money and property into a trust may seem like a good idea, but you might worry you could change your mind about placing assets into a trust later on. By then, it may be too late to retrieve them. As an alternative, you could consider a testamentary...
Updating your estate plan amid a Florida divorce
Amid the complexities of divorce, it is important to review and update your Florida estate plan to align with the changes in your personal and financial circumstances. Failing to revisit and adjust your estate plan during this significant life event can lead to...
What are some signs of possible undue influence?
Creating a will or estate plan is an important step in ensuring that beneficiaries get the correct assets. However, undue influence occurs when someone exerts improper pressure or manipulation over a person, causing them to make decisions they would not have otherwise...
Qualities you want in an executor for your estate
Naming an executor is a critical aspect of estate planning. This person becomes responsible for handling matters after you die, so selecting someone up to the task remains vital. Some individuals embody the characteristics that constitute a fantastic executor. When...
Dispelling myths surrounding estate planning
Estate planning is an essential task, ensuring a smooth transition of assets after death. Despite its importance, many misconceptions surrounding estate planning lead people to make inadequate plans or delay planning altogether. These misconceptions can create...
What to expect as an executor of a large estate
When you consent to assume the role of executor for a loved one's will, it falls to you to oversee matters of that person's estate when they ultimately pass away. While an executor's duties always entail significant commitment, the process is generally smooth and...
3 reasons to update your estate plan
An estate plan is a set of legal documents that outline how you want your loved ones to distribute your assets after you pass away. However, life is full of changes, and it is important to update your estate plan regularly to ensure it reflects your current wishes....
Many Family Law situations can have a big impact on your future.
Don’t forget to update your estate plan.