If a Florida estate owner wants to leave a donation to charity, they should be sure to do so in the way that avoids the most taxes. Often, people use a will or trust to give to charity, but that can be a mistake. As an example, a person might have a home, an after-tax...
Wills
Why estate planning is critical for young families
It is important for young families to think about the future. This doesn’t just include their goals, but also the potential for tragedy occurring. While potential tragedies aren’t fun to think about, considering the possibility allows parents to plan and prepare. This...
The potential problems with homemade wills
At the , we understand that you have a busy schedule, and you want to save time as well as money. Like many other Floridians, you tackle many issues on your own, and you are considering writing your own will. However, it is imperative to...
The importance of estate planning for everyone
Some people in Florida might think they do not need an estate plan because they are single and do not have any children. However, estate planning is important for all adults. If a person dies without a will, that person's assets will be distributed according to state...
Choosing the executor of your will is an important decision
You have decided to create your will, which is one of the most important things you will do for your loved ones. However, at the , we know that the choice of whom to carry out your final wishes is also vital. You and other Florida residents...
Is my will valid in a different country?
When you own property in a different country, you may wonder if your will is valid in both Florida and the other country. It is important to understand how you may need to change your will to make sure it will be valid after your death.The validity of your will...
Understanding ademption
Most Florida residents have never heard of the word "ademption" and have no idea what it means. Ademption, however, is a very important legal word that Floridians should be aware of because it impacts the specific bequests they make in their wills.As explained by...
Wills and mental incapacity
Approaching the topic of a will can result in many mixed emotions, especially when the loss of a loved one could be near. However painful discussing plans after death may be, establishing a will can offer support for surviving family members for years to come. The...
What is a pour over will?
If you are a Floridian who set up a living trust, you also may wish to consider executing a pour over will. As FindLaw explains, a pour over will is one stating that any of your assets that you neglected to transfer into your living trust during your lifetime...
For what reasons can you challenge a will in Florida?
If you feel that someone's Florida will disinherited you or insufficiently provided for you, you may be wondering if you should challenge it. The first thing you need to know is that not everyone can challenge a will. You can only do so if you are an "interested...