In Florida, you can write a last will and testament (simply referred to a “will”) to leave your assets behind to your loved ones, including your spouse, children, friends, family, and even charitable organizations. There are generally no limitations. When a will isn’t...
Estate Planning
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Foreclosures and Partition Actions on Inherited Property in Florida
When a homeowner dies while a foreclosure is still pending on their property, Florida law requires the foreclosure to resolve before moving forward with any probate or estate matters. Even after a foreclosure has been resolved, co-owners of a property may disagree on...
What Are the Different Roles of a Trustee and an Executor?
When evaluating your estate planning options, determining who will supervise your assets is a crucial step. Whether you are setting up a trust or writing a will, it’s important to feel confident that your assets will be...
4 Reasons Why Estate and Tax Planning Go Hand-in-Hand
When designing a plan that reflects your end-of-life wishes, it’s important to set up a meticulous estate plan that integrates appropriate tax planning strategies. Especially in cases where there is a lot of value to transfer to beneficiaries, it is important to...
Tangible vs. Intangible Assets: Differences, Examples, and Why They Both Matter
When setting up an asset protection strategy, it is important to understand the classification of assets that you seek to safeguard. Assets may be divided into two general types: tangible and intangible. What is a tangible asset? A tangible asset is something that is...
Is There a Connection between Retirement Planning and Estate Planning?
In recent years, older adults in the United States have begun focusing on how to appropriately manage their retirement finances and how they want to distribute their estates in the future. Although the number of adults with retirement and estate plans is on the rise,...