Creating an estate plan is a wise decision and critical step in protecting your wishes, your family and your property. However, it is only one part of the process; you must also review these documents regularly to ensure they remain accurate and valid. Certain events...
EXPERIENCE AND KNOWLEDGE YOU CAN TRUST
Month: November 2017
Understanding the important benefits of a special needs trust
A trust is a valuable estate planning tool that provides numerous benefits. In a trust, an individual can dictate how and when specific assets are distributed upon death. A trust also passes outside of the probate process, which can help reduce the costs of...
Is power of attorney the same thing as a guardianship?
If you have an elderly parent or loved one, then end-of-life care and decision-making authority may be something you are thinking about. After all, it is natural to be concerned with someone's well-being as he or she gets older and perhaps begins to show signs of...
Homebuyers: Be aware of these 4 contract clauses
Buying a home is typically the most significant transaction people make. Not only are you spending a massive amount of money, but you will also walk away owning a home for which you will be completely responsible. As such, it is crucial that homebuyers and sellers...
Durable power of attorney: do I really need to create one?
People typically do not like to think or talk about subjects like what will happen to assets and property when we are gone, or who will make decisions for us if we cannot make them ourselves. However, ignoring these subjects because they are uncomfortable will not...
A Trust Without A Beneficiary
In Florida, in order for a trust to be deemed valid, the trust must meet certain requirements. One of these requirements is that the trust name a specific beneficiary. There are exceptions to this rule, however, and under certain circumstances, a beneficiary need not...