Florida Estate Planning Blog
Florida Guardianship Case Raises Red Flag for Estate Planning
Many older people are one medical emergency away from a court-appointed guardian taking control of their lives.
Why Estate Planning Matters: Lessons from Joanne Woodward’s Alzheimer’s Journey
Joanne Woodward was diagnosed with dementia just days before her late husband Paul Newman was diagnosed with cancer. Here’s everything to know about Joanne’s health struggle.
What Should I Know about Lady Bird Deeds?
As Lady Bird deeds grow in popularity, it is important to discuss and understand the benefits and limitations of these deeds.
**How Can I Leave Property to a Minor?**
You cannot name a legal minor as a beneficiary. This applies to almost all legal documents, most notably wills and life insurance policies.
Estate Plans Require Preparation for Success
One major misconception is we simply can tell loved ones what we want to happen for the purposes of health or property distribution and family members can ensure that those wishes are followed.
Can I Keep Stepchildren Out of Estate Plan?
Estate planning is nearly always worthwhile but can be extra important when you have stepchildren.
What are the Biggest Blunders with Health Care Proxies?
Everyone age 18 and over should have a health care proxy document signed (think children off to college, and yourself, not just an elderly parent).
What Should Seniors Know before Remarrying?
As the calendar turned to 2023, many of us took a moment to think about resolutions. I want to lose 10 pounds. I want to read things that aren’t just about work. I want to learn how to play pickleball. Or maybe this year I’ll give a relationship another shot. Maybe I’ll even remarry.
When Is Life Insurance Taxable to Beneficiaries?
When beneficiaries receive a payout from a life insurance policy, they typically don’t have to pay taxes. However, there are a few situations where a portion of the life insurance benefit is taxable to the beneficiary.
Disinheriting a relative can be done in a Will
A last will and testament is essential for every adult. It establishes one’s wishes for distributing their property, whether real or personal, after death.