When planning for the future, large physical assets like a home, vehicle, pets, or possessions are common considerations. But as the world moves increasingly online, digital assets have become a critical part of what people leave behind when they pass away....
Compassionate Advocacy, Dedicated Service
Estate Planning
3 ways to bring up estate planning with your parents
As your parents get older, it can be difficult at times to think about the possibility of them not being able to care for themselves as they once did or even the idea of their eventual demise. While it is certainly not something you should dwell on, it is important...
2 ways to build charitable giving into a will
Many people feel strongly about “giving back” throughout their lives, a value that they often wish to include in their estate plans. For some, this may mean leaving a sizeable donation to a favorite charity upon one’s death. For others, it can take the form of a trust...
What happens if designated beneficiaries clash with a will?
Before they start estate planning, many individuals may be under the impression that their assets will simply be distributed to their spouse or other next-of-kin after they die. While that may be the case for some assets and accounts, some may already have named...
Are you ready to consider your plans for business succession?
No one wants loose ends causing problems for their loved ones after his or her passing. As a Florida business owner, you may know more than many about how important it is to plan ahead for certain inevitable situations. As a result, you are now considering your...
How much estate planning information should be shared with children?
Clear communication with future beneficiaries, executors and other designatedindividuals is usually considered a best practice when preparing a will. But, is there such a thing as providing too much information during and after estate planning? Privacy concerns and...
Consideration for estate planning with a vacation home
Like most property, a vacation home is both an enjoyable asset and a responsibility. When the owner of a cottage or holiday home passes away, their next of kin may not be able or willing to manage the additional property. Fortunately, Florida vacation homeowners who...
Helpful facts for discussing power of attorney with a parent
Though you are an adult, you know you will always be a child to your parent. As a result, you may worry about how he or she will take it if you broach the topic of becoming a power of attorney agent for your parent. You certainly do not want the role in order to...
Understanding the roles of trustor, trustee and beneficiary
Trusts are a common tool used to organize an individual’s estate. There are many benefits to using trusts, including potential tax benefits and increased control over how money is passed on and utilized. However, trusts also come with their fair share of legal...
What to do with the house in estate administration?
Frequently, the family home is one of the most sizeable assets an individual or couple owns. As such, many Arizona families leave this valuable asset to their child or children. While this is certainly a typical way to pass down an asset in the family, it is...