Even if you are healthy, it is advisable to create an advance directive. With an advance directive, you tell doctors about the medical procedures you both want and do not want them to use to save your life. If you cannot make your own medical decisions, you probably...

You may have a family member with a disability who relies on you for financial support. If so, you have an obligation to provide for this person following your death. However, this can be a complex situation. The individual may also receive public benefits, and...

Individuals creating estate plans may wish to consider the differences between leaving property to heirs through a will or a trust. As noted by Credit.com, a will typically goes through probate, which may reflect a time-consuming legal process. You may, however,...

Most financial experts agree that individuals should review and revise their estate plans every three to five years. From changing relationships to identifying a contingent beneficiary, people should examine these documents to ensure they still match with their...

There are many issues and regulations you must keep in mind when dealing with your estate plan in Florida. You want to ensure that the steps you implement happen according to your will. Moreover, there are several tax-related obstacles you need to consider when...

Although the state of Florida does not impose an inheritance tax, there is a chance that the federal government may impose an estate tax after your death. However, there are steps that you might be able to take to minimize the possibility that your estate will be...

Residents of the Treasure Coast and other parts of Florida typically have a number of key considerations to address when it comes to the development of a comprehensive estate plan. Among them is the desire to develop a mechanism through which heirs will be responsible...

If your friend, sibling or parent informs you that they want to name you as the executor in their will, you might feel honored and slightly overwhelmed. Being an executor is a big job, and it comes with a lot of responsibilities and sometimes a huge time commitment as...

If you're like most Florida residents, then you've considered the thought of estate planning. Having a viable plan for your assets can be a great way to ensure they end up in the right hands if something happens to you. Any essential component to a good estate...

When you die in Florida, your loved ones might want to see a copy of your will. To prepare for this eventuality, you might have considered creating multiple copies of your will and handing them out while you're still alive. However, doing so can lead to complications...