If you have been through the process of creating an estate plan, then you probably know what a relief it can be to have in place the necessary documentation to protect your wishes, your property and your loved ones.
When should I revise my estate plan?
Did you find out you are the executor? Take these actions
Like many people who have created an estate plan, individuals in Florida tend to avoid speaking with the named executor of their estate. Because of this, you may suddenly find yourself thrust into the role of executor if someone you loved recently passed away.
2 possible options for probate administration in Florida
After a person passes away, his or her estate will generally go through probate. This is the process of legally passing the person's assets on to others and resolving the various financial elements. The probate process can be confusing and overwhelming, particularly when people are also struggling with grief and loss.
Are you making these three estate planning mistakes?
No one knows what the future holds. By investing the time to establish an estate plan, you are better protecting yourself and your loved ones against tomorrow's uncertainty.
Why do estate plans fail?
Imagine you are making plans for an upcoming vacation. You think about it all the time; you mentally decide what you will do and what places you'll visit; you even set aside all the money you plan to use. You could feel very prepared.
