Domestic Partnership Agreements & Estate Planning

There are no shortcuts for estate planning, despite many people assuming there are several. For example, some simply add another person’s name to their account instead of creating a power of attorney. If the primary account holder becomes incapacitated, the other person whose name is on the account can access it. Although this can lead to several challenges later, the essential element is that it requires Read More

Asset Protection Strategies & Estate Planning

There are many reasons why virtually every adult should have a comprehensive estate plan. People create them to ensure their assets are distributed according to their wishes after they pass away, and they also can protect their assets from creditors, lawsuits, or even divorce. Before you meet with your attorney, it is important to recognize that several asset protection strategies are at your disposal. Although legal Read More

Preventing Trustee Malfeasance

When you work with an estate planning attorney who manages them and navigates the complexities of probate and trust litigation, you will learn how important it is to select a trustee capable of handling and overseeing your financial affairs. Although this blog will focus heavily on trustee malfeasance, we will look at ways to prevent it. Don’t always assume that when a trustee gets removed, it is because they were Read More

Appealing A Will Or A Trust

There will be times and situations during the probate process when you and your attorney may have to consider filing an appeal. Many people are unfamiliar with the probate process and are forced to navigate it during a highly emotional time. When people need to file an appeal, it is usually because someone is challenging the validity of either a will or a trust. Though the following is an extreme exaggeration, it Read More

How Assets Are Actually Passed To Your Beneficiaries

Upon creating a will (or a trust), you may turn to your friends and family about what you should do next. A basic internet search will provide countless sites listing several actionable steps. You may need to develop a list of the assets you own, identify beneficiaries, and consider a potential guardian for your children. This doesn’t consider your medical and durable powers of attorney, which are fundamental for Read More

Don’t Give Up Ownership Of Your Assets

Before you commit to making an estate plan, you may need clarification about what it is and achieves. Although it is entirely understandable to assume this, some envision it as a single document that gets signed when you meet with your attorney. Additionally, people falsely believe that people pursue an estate plan because they only want to protect their assets.    Anyone who has begun estate planning Read More

Keep Your Home While Getting The Care You Need

There’s a general misunderstanding surrounding the difference between estate planning and elder law. It is essential to define the two because this blog centers around a common elder law concern of keeping your house while also paying the high costs associated with long-term care. In a straightforward way, estate planning answers the question of what happens to you and your assets if you are incapacitated or pass Read More

What is the Difference Between a Will and a Trust?

The major function performed by a will and a trust is similar. Wills and trusts form the estate planning that makes sure that the concerned trusted parties will distribute your assets according to your wish. This is applicable only upon your death. Wills and trusts ensure that your assets do not get squandered. They also protect your assets from fraud and other crimes. For estate planning in Miami, Get a lawyer for Read More

The Unique Value Of A Special Needs Trust

Parents who have children with special needs face a series of challenges when it comes to raising a child with special needs. Many schools lack the funding or personnel to deliver the education they need and deserve. Additionally, these parents are committed to working with their child’s disabilities to ensure their kids receive the support they need. This line of thought extends to estate planning too. When you Read More

When Should You Begin Estate Planning?

The best way to protect your family and ensure that everything you own is properly taken care of should something happen to you is through estate planning. Now, it can be hard to know when the right time to begin this process is - do you wait until later in life or tackle it in your 20s? Deciding when to begin estate planning can have a major impact on your peace of mind and financial stability. So, before you Read More