There are many ways in which Florida residents may inadvertently cause a fight between family members after they pass. However, there are several steps that they can take to keep family discord to a minimum. For instance, they can be sure to appoint an executor who is...
Important steps to implementing an estate plan
Even after one completes an estate plan in Florida, there may be some important extra tasks to keep in mind. Developing the drafts of the document, working with an attorney to perfect it and signing off on the final version is a major accomplishment. Still, follow-up...
How to leave assets to children who are still minors
There are numerous considerations for you to make regarding your estate plan. While many people craft a will or trust to pay the least amount in taxes, it is also vital to structure the plan in such a way that it will not lead to conflict within the...
Creating a philanthropic legacy with an estate plan
For some people in Florida, philanthropic giving could be an important part of an estate plan. In addition to creating a legacy, it can save money on taxes and benefit family members as well as the charity. Someone who is unsure as to where to direct their...
How not to inherit timeshares from parents
Not all parents in Florida prefer to pass everything down to their heirs. This is especially true of timeshare properties that have contracts attached along with an assortment of responsibilities. Annual maintenance fees, for instance, can easily exceed $1,000 for...
Estate planning can help avert family feuds
When people in Florida consider their wishes for the future, they may hope to see their loved ones living well and enjoying life, including with the support of any inheritance left behind. However, for far too many families, conflicts can arise after the passing of a...