Some people in Florida who have created an estate plan that is primarily based on a living trust might also want to make a pour-over will. The advantage of a pour-over will is that it can ensure that any assets not placed in the trust or passing through other means,...
Veterans benefits and the new net worth limit
In October 2018, the Veterans' Administration adopted several new rules that substantially change how VA benefits work. In particular, pensions now have a specific net worth limit. The VA has also adopted a look-back period for assessing net worth.The calculation for...
How to revoke a power of attorney
Powers of attorney can be a key tool for people in Florida looking to plan for the future and protect their interests. However, sometimes it can be important to revoke a power of attorney, especially if the relationship between the parties is no longer one of trust...
What parents can do to help adult children without estate plans
Some Florida parents might be in conflict with their children over estate planning, or lack thereof. Many baby boomers who have future finances secured do not understand why their millennial or Generation X children are not prioritizing estate planning in the same...
Easing stress with detailed estate planning
Planning for what will happen after death is not enjoyable for most people, but failing to do so can leave friends and family in a difficult position or even lead to conflict among heirs. Taking the time to establish and maintain a comprehensive estate plan in Florida...