When it comes to wills and trusts, there are many common misconceptions that people have. These misconceptions can lead to problems down the road, so it’s important to be aware of them and to make sure that you have the correct information. One of the most common misconceptions about wills is that they are only … Read more
Estate planning is vital for everyone, but it is crucial for millennials. Why? Because many millennials are just starting their careers and have young families. They need to make sure they have a plan if something happens to them. This guide will provide information on estate planning for millennials in Florida. What is Estate planning? … Read more
When it comes to estate planning, there are different types of legal documents that can be used. One of the most common is a trust. But what is it, and why is it such an essential part of estate planning? This blog post will discuss what trusts are and explore some benefits they provide for … Read more
The fear of death is why many Americans do not have a last will and testament. The idea of writing a will is gloomy and even a bit scary. Nonetheless, a will is a great way to manage finances and protect one’s family in the event of death. Beyond the fear of death, some people … Read more
An estate plan usually comprises a set of documents that address different circumstances. Your specific situation will determine whether you need one estate planning document or all of them. While you may already have one component in place, such as a will, it may not be sufficient to guarantee that all of your intentions are … Read more
Many people do not create a living will for several reasons. For starters, some people believe they are too young to need one. Also, some people do not know enough about the purpose of a living will and aren’t curious enough to find out. Finally, some people do not wish to think about end-of-life issues. … Read more
Most people have probably never considered designating a power of attorney to act on their behalf in an emergency. Naming a Power of Attorney (POA) might make some people feel a little uneasy because of the responsibilities entailed. However, choosing a POA can help you ensure that there’s someone who takes your place if you … Read more
In 2016, when Prince Rogers Nelson died intestate, he joined a list of celebrities, including Bob Marley, who had passed on without any form of estate planning. His only living beneficiaries were his sister and his five half-siblings, and according to intestate laws in Minnesota, his hometown, his siblings would distribute his estate among themselves. … Read more