Struggles over be appointed guardian can be emotionally draining. For example, the circumstances of children of an elderly parent who no longer can take care of his or her self can sometimes end up pitting siblings against each other. Under Florida law a competent...
Month: February 2014
Trusts can play important role when it comes to estate planning
It appears that the recently deceased movie star, Paul Walker, did many things right when it came to distribution of his millions of dollars in assets. Perhaps most importantly, it appears he at least understood that having a will is only a small portion of what is...
When it comes to estate taxation, not every state like Florida
The federal exemption for individuals concerning estate taxation is now $5.34 million and $10.68 million for couples. However, there are still individuals living in certain states where the exemption rate is much lower than it is on the federal level.A number of...
Do not overlook your IRA in the estate planning process
It is never too early to set up estate protection for your family. While you hope that you will live to a great age, nothing is certain in life. Therefore it is important to make sure that provisions are in place to provide for those you love. Wills, trusts and other...
Probate 101
While many Miami, Florida, residents understand that it’s very important to plan ahead and make major estate planning decisions before their passing, fewer may have a clear understanding of the various components that go into the process. For instance, many people do...
Message from a Deceased Colleague
"Congratulate Bob on his anniversary" was the LinkedIn message that I received via email last week. While that message might seem ordinary or innocuous to those who don't know Bob, seeing it in my inbox resulted in a morning jolt that made my head spin. You see, Bob...
Estate planning 101
While just about everyone can think of something better to do than begin planning for the prospect of illness and death, it is always recommended that individuals think about such things ahead of time so that they have the opportunity to make important choices and...
Family pets can be accounted for in estate planning too
While countless people living in places like Miami, Florida, would agree that the family pet is exactly that, the law has yet to recognize animals as anything but property. That's why it's incredibly important that pet owners account for the future of their furry and...
