Estate Planning Estate planning can be a complex process when you have children. Many parents intend to leave the majority of their estate, including their bank accounts, to their children. But many are concerned that doing so in their will is not enough to ensure this happens. They also worry that the probate process will […]
Melbourne Legal Blog
If you die without writing a legally valid will (called “dying intestate”), ultimately it will be up to the state of Florida to decide what happens to everything you own, from your car and house to bank accounts and insurance, stocks and your 401(k) and even your email and social media accounts. Some people like […]
As you create your estate plan, you want to make sure your heirs don’t lose your inheritance to taxes and creditors. When you have a lot of assets, estate taxes and lawsuits can threaten your wealth. To keep your property away from these threats, you may choose to use an irrevocable trust. Irrevocable trusts can […]
Both wills and trusts are practical estate planning tools, though there are some significant differences. While we all deal with differing lives, adversities, circumstances and income levels, it’s important to understand that estate planning is a smart idea for any individual. Wills and trusts offer different securities based on each individual or family’s concerns. Wills […]
