Tag Archives: Tampa Estate Planning Lawyers
Year End Checklist for Estate Planning
It’s hard to believe that the year is almost over. However, that also means that now is the perfect time to sit down with an estate planning attorney can make sure that your plan is up to date and that it still meets your needs after changes that may have taken place within your… Read More »
Why You Need to Include Your Pet When Creating Your Estate Plan
When you start thinking of creating an estate plan, you may typically think about your financial accounts, physical property, and your family members such as your children and spouse. However, one of the things that is often forgotten is your beloved pets. Failing to plan for your pet’s future care could leave them in… Read More »
Problems with Having a Simple Will in Florida
Many people are tempted to create a simple will by using forms to do the will themselves. Maybe they’ve seen such forms advertised on television or on the internet. But are they a good idea? Definitely not. The intent is good. A person tries creating a will so that their property goes first to… Read More »
Are Relatives Responsible for the Debts of a Deceased Loved One?
Settling the estate of a loved one that has passed away isn’t easy. The members of the family are often left to make a variety of important decisions, including financial decisions, on behalf of their loved one. Sometimes these decisions include deciding whether to pay any debts that the debtor still owed after their… Read More »
What is Undue Influence and How Does It Affect a Will?
A will lets people determine what happens to their property when they pass away, but sadly, some people intentionally confuse or intimidate a vulnerable person to alter their will or create documents that they wouldn’t necessarily create on their own. This is known under Florida law as undue influence. Often times, family members of… Read More »
Reaping the Full Benefits of Your Revocable Living Trust
When people opt to create an estate plan, it’s usually because they want their families to avoid the hassle of probate when they die. However, most people don’t completely understand how to reap the full benefits of their revocable living trust. Simply having a living trust won’t offer you the full benefits of having… Read More »
Elderly Exploitation Happens More Than You Think. Has Your Loved One Been a Victim?
Unfortunately, elderly people make good targets for exploitation, and sadly, it happens more often than you might think. Until recent years, there was very little that could be done to stop the exploitation if someone suspected that their vulnerable family member was being taken advantage of financially. This created a big problem for both… Read More »
What Are Your Long-Term Care Plans?
Many of us know that long-term care is expensive. It’s not uncommon for families to have to pay upwards of $100,000 or more per year for the care of one elderly relative. The cost goes up if there is more than one. Most people can’t afford to spend that much money in one year…. Read More »
What You Need to Know About a Family Limited Partnership
A family limited partnership or FLP is controlled by members of the family, and like other types of limited partnerships, an FLP has two types of partners: general and limited. General partners control investment decisions and control management. They also bear 100 percent of the partnership’s liability (although an FLP can make an election… Read More »
Does Florida Have Estate Tax?
One of the most important aspects of planning your estate is tax minimization. You want to minimize any estate tax, or inheritance tax, that will need to be paid. No one has a patriotic duty to pay more taxes than is required, so why wouldn’t you do your best to minimize your estate tax?… Read More »