Online services that prepare fill-in-the-blank estate planning documents, like wills and powers of attorney, have been available in Florida for years. People might turn to these services if they feel uncomfortable actually discussing end-of-life subjects and financial...
Wills
What is abatement?
Estate planning in Florida can be a challenge because you do not have exact knowledge of the future. The best you can do when writing a will is to make educated guesses about when you will pass on and what property and assets you will have to bequeath when...
Estate planning as a small business owner
Estate plans are important for a number of reasons, such as protecting the way in which one’s assets are split up among those they love and finding some peace of mind in knowing that these matters will be handled properly in the future. Everyone is in a...
Why unmarried couples need an estate plan
It may be important for unmarried couples in Florida who live together to create estate plans to ensure that they have certain rights that are granted automatically to married people. First, each person should have a health care power of attorney that authorizes the...
The need for estate planning
A personalized estate plan can be used by individuals to help ensure that their wishes and objectives are honored should they become incapacitated or when they die. Even if they have no children or any other close living relatives, Florida residents should still...
Online archives can be an estate planning headache
The information age has transformed society, and many Florida residents now store their important information and documents online rather than in locked drawers or safe deposit boxes. This trend has made estate planning more complex and more challenging as it takes...
The function of a will in an estate plan
If a person in Florida dies without an estate plan, that person's assets are distributed to family members based on state law. This is known as dying intestate. When a person dies intestate, the distribution of assets is usually made based on which surviving relatives...
Why it’s not a good idea to write a DIY will
The internet age makes it possible to do a lot of things yourself, from trying your hand at gourmet recipes to learning how to change a tire by watching an online video. However, as we at the , understand, there are some things you and...
Passing on bitcoins to heirs
Digital security is a big deal when it comes to holding and investing in bitcoin. Investors in Florida and states throughout the country are putting large sums of their money into cryptocurrencies, but whether or not their families will be able to benefit in the event...
The importance of discussing estate plans with loved ones
Unfortunately, many Florida residents are reluctant to discuss estate plans with family and friends while they are still alive. For some, it is considered a matter of privacy. In some instances, this may actually be the best option. But if the family is close and has...