When it comes to establishing a Special Needs Trust (SNT), getting it right from the outset is crucial. This entails selecting the appropriate type of trust and ensuring proper funding, a process that necessitates careful consideration and expert guidance. Choosing…
Going through a divorce is a complex and emotionally challenging process, often accompanied by significant financial adjustments, especially when children are involved. Amidst the upheaval, it's easy to overlook the importance of revising your estate plan. However, failing to update…
Entering into a marriage is a beautiful journey filled with love and commitment. However, it's also a legally binding contract that intertwines your assets, liabilities, and responsibilities with your partner's. In Florida, as in many other states, couples have the…
As I prepare my will, I've encountered the term "per stirpes" regarding the distribution of property to my children. But why does the law sound like it's referencing zebras? Firstly, it's not "per stripes" but "per stirpes," originating from Latin…
Asset transfer, whether occurring during one's lifetime or posthumously, involves the redistribution of wealth or assets from one party to another. Employing strategic methods is crucial to ensure tax efficiency and the optimal reorganization of assets. Here are several widely…
In the journey of life, there are moments that demand careful planning to ensure our loved ones are protected and our wishes are honored. Two crucial components of this journey are Estate Planning and Elder Law. While they may seem…
Being asked to serve as the power of attorney for a loved one is a significant responsibility that often comes with a mix of emotions—honored to be trusted with such an important role, yet perhaps uncertain about what it entails…
In the realm of health care, uncertainty is an inevitable companion. None of us can predict the twists and turns our health may take, but we can certainly prepare for it. Advance Health Care Directives (AHCDs) offer a vital tool…
In estate planning, one common tactic individuals consider to avoid probate is adding their children to their bank accounts. The idea seems straightforward – by making their children joint owners or beneficiaries of their accounts, they hope to facilitate a…
At its core, probate is the legal process of validating a will. Today, it encompasses the comprehensive legal procedures required to settle a deceased person's estate. The appointed representative, often a family member, initiates the probate case in court, working…