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Planning for an aging parent often includes signing a power of attorney. This document lets a trusted person handle the financial or legal matters listed in it. Even with that preparation, families sometimes face unexpected changes that can raise questions about who...
A will is meant to be a person's final word on how their estate should be administered. When something about a will feels wrong, Florida law allows families to formally challenge it during probate. Understanding the valid grounds to contest a will can help your family...
Most people think about their property when they start to work on an estate plan, but that’s not the only thing you should think about as you get yours made. You should also think about how your medical decisions will be made if you become incapacitated. There are...
Some critical parts of smart estate planning don’t involve the estate plan documents themselves, like wills, trusts and powers of attorney. For example, it’s crucial to designate beneficiaries on retirement and investment accounts as well as life insurance policies. ...
Many people spend a lifetime building assets with the hope of passing them on to loved ones. Yet few take the time to consider whether those they leave behind are prepared to manage sudden financial responsibility. A significant inheritance can help bring opportunity,...
Probate disputes often arise when family members disagree about inheritances, property distribution or the actions of an executor. However, tax obligations can also become a major source of conflict during estate administration. When beneficiaries discover unexpected...
Managing someone's estate is serious work, and Florida law recognizes that. That’s why personal representatives are entitled to compensation for their time, effort and the weight of responsibility they carry. But what happens when that compensation quietly becomes...
A springing power of attorney does not actually take effect until certain conditions are met. Even though you may draft your estate plan today and include the power of attorney, there could be a significant delay before the document actually applies and your agent...
Guardians play a critical role in managing the affairs of individuals who cannot make decisions on their own. This responsibility often includes handling financial matters, property and decisions that may affect an estate. However, a guardian should follow legal...
The Florida probate process allows an opportunity for interested parties to make claims against estates. Personal representatives must communicate with creditors and resolve the outstanding financial obligations of deceased individuals. An estate is also often...