by Florida Elder Law & Legacy Planning | Aug 9, 2024 | Estate Planning, Wills and Trusts
Understanding the distinctions between wills and trusts is pivotal in estate planning, offering different avenues to manage and distribute assets after one’s passing. Each serves unique purposes and comes with its own set of advantages and limitations. This article...
by Florida Elder Law & Legacy Planning | Aug 3, 2024 | Estate Planning, Probate Administration, Wills and Trusts
Challenging a will is a legal process that can arise when disputes occur over the distribution of a deceased person’s estate. Understanding who can challenge a will and the valid reasons for such a challenge is crucial for both estate planners and potential...
by Florida Elder Law & Legacy Planning | May 5, 2024 | Estate Planning, Probate Administration, Wills and Trusts
Going through probate, the legal way of sorting out a person’s estate after they die, can take a lot of time and get pretty complicated. Delays in probate can tie up assets for months or even years, causing stress for beneficiaries. Fortunately, there are...
by Florida Elder Law & Legacy Planning | Mar 21, 2024 | Estate Planning, Special Needs Planning, Wills and Trusts
Navigating Estate Planning: Testamentary Trusts Offer a Unique Advantage When planning your estate, the array of choices can seem daunting. Some advocate for the flexibility of a revocable living trust, while others uphold the traditional will for its...
by Florida Elder Law & Legacy Planning | Oct 18, 2023 | Estate Planning, Wills and Trusts
In 2008, Congress recognized the need for the public to understand the importance and benefits of estate planning by passing House Resolution 1499, which designated the third week of October as National Estate Planning Awareness Week. Nevertheless, according to a 2019...
by Florida Elder Law & Legacy Planning | Oct 16, 2023 | Estate Planning, Wills and Trusts
Most people usually think about who will receive their retirement and bank accounts, life insurance proceeds, real estate, and other valuable possessions upon their death. However, a person’s personal property (their stuff) can also be a source of value that...
