No matter where you reside in Florida, having a plan for your assets after you're gone is essential. Estate planning can provide you with peace of mind because you'll know that your loved ones will have financial security after you've passed away. Understanding a few...
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Lake Mary Estate Planning Blog
The difference between estate planning, wills and trusts
Estate planning involves deciding who will inherit your assets and property when you pass away. Planning your estate also entails giving someone the power to manage your financial affairs if you become incapacitated. If you're a Florida resident, here are some things...
The basics of choosing a trustee in Florida
A trustee is a key player in estate planning. They are responsible for carrying out the wishes of the estate owner as written in the will. This can be a difficult job, and it is important to choose someone who's qualified and trustworthy. Who is a trustee? A trustee...
Who may serve as a guardian in Florida?
Florida law allows people to make legal decisions or take care of a minor or an adult that is incapacitated or in a mental condition that affects their judgment. If you have such a person in your life, here are the requirements and laws to abide by as a guardian....
Getting an advanced directive
An advanced health directive or just an advanced directive is an important part of end of life planning in Florida. It's crucial for establishing what your wishes are in terms of medical needs. It doesn't take much time to set up this type of a document, and it can...
Include your estate plan in your family planning
Planning your estate in Florida must involve your family to prevent legal conflicts. You don't want family members to argue over money and personal belongings that you may or may not want them to have. Estate planning is an often-avoided topic of discussion, but it...
Planning out your charitable giving
In Florida, estate planning and charity are important to consider together. Positioning your estate for wealth creation, retirement and later death should also include a plan for giving. How much you give is a personal matter, but you have no limits. Florida laws...
Accounting for digital assets in your estate plan
Almost everyone in Florida has some digital assets that are not tangible, meaning they can only be accessed online. Some digital assets have monetary value while others are just highly sentimental. When you are in the process of planning your estate, it’s important...
Estate planning revisions following a divorce
Few events are as life-changing as a marriage ending. While it may represent a sad milestone, proactive steps are paramount to ensure that the brand new chapter in your life reflects your estate planning objectives. An estate plan is a snapshot of a specific time and...
Making an Advanced Directive
When it comes to end-of-life planning, most people are aware of the fact that you can set up a do not resuscitate order for yourself that can block doctors from using some life-saving interventions if your condition declines. But in Florida and other states, you can...