Estate planning is a good way to be sure your loved ones are taken care of, and that your wishes are fulfilled after your death. Setting aside some of your assets into a well-executed trust can further ensure the beneficiaries will receive what you wish for them to...
Trusts
Florida law allows for some changing of trusts
"Decanting" a trust is a legal option that's becoming more popular; some states have adopted decanting statutes, including Florida. To decant a trust means to rewrite or redo the old trust to account for changes or unforeseen circumstances that the original wording in...
Make sure your furry family members are taken care of via a trust
When people in Florida sit down to work out their estate planning, they often think of the standard sorts of beneficiaries: children and grandchildren, spouses or charitable organizations. One way people can ensure that their loved ones are taken care of is via a...
Five animal shelters benefit from man’s estate
Many Miami-area residents have probably already considered their estate plans and what they want to happen to their assets when they die. For those who have not or who want to change their estate plan, a trust created by one man demonstrates just one way in which...
Trusts: Gifts that can keep on giving
During this holiday season families in Miami and throughout Florida will be coming together to spend time with loved ones. As people take time to consider how they want to show their appreciation for others, it may be a great opportunity to consider how setting up a...
Special needs trusts provide protection after child turns 18
People set up trusts for a variety of reasons depending on their situation. Some people set up trusts to distribute assets upon death. However, trust planning is not only important when preparing for one's passing. For instance, special needs planning is important for...
Who will you entrust with managing your assets?
A person may work for years earning and saving money and then put the assets into a trust. Deciding where to keep these assets should not be taken lightly. The person who earned this money probably worked hard so he or she could offer this money to heirs, potentially...