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Testamentary Trusts: The Best of Both Worlds

Testamentary Trusts: The Best of Both Worlds

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...
What Happens to a Leased Car If the Owner Dies Before the Lease Term Ends?

What Happens to a Leased Car If the Owner Dies Before the Lease Term Ends?

by Florida Elder Law & Legacy Planning | Nov 21, 2023 | Estate Planning, Probate Administration

After a house, a car is often the second-most valuable piece of property a person owns. About 15–20 percent of new vehicles are leased rather than purchased and financed. Leasing is a popular alternative to traditional financing because it can allow the lessee (the...
How Far in Advance Should I Begin My Estate Planning

How Far in Advance Should I Begin My Estate Planning

by Florida Elder Law & Legacy Planning | Oct 24, 2023 | Estate Planning, Guardianship Lawyer

How Far in Advance Can I Begin My Estate Planning? You can create your estate plan at any time, but many people choose to begin the process sooner rather than later. Why? Because you never know when life-changing medical or financial emergencies can strike that will...
Estate Planning Awareness Week: The Importance to You and Your Family of Having an Estate Plan

Estate Planning Awareness Week: The Importance to You and Your Family of Having an Estate Plan

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...
Third-Party Supplemental Needs Trusts

Third-Party Supplemental Needs Trusts

by Florida Elder Law & Legacy Planning | Sep 26, 2023 | Estate Planning, Special Needs Planning

If you want to provide for a loved one who is disabled or has special needs when you are nolonger here, care must be taken to ensure that the inheritance you leave will help rather thanharm your loved one. An inheritance received outright could negatively impact your...
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