Category Archives: Estate Planning
Estate Planning Considerations if You Do Not Have Children
When people create an estate plan, the goal is typically to take care of their loved ones once they pass away. This is no less true for people who do not have children. Indeed, for individuals without children a written estate plan is often more important as the default inheritance laws can be complex… Read More »
Why Do People Put Off Estate Planning?
Most adults know the importance of estate planning. Still, fewer than 30 percent of individuals have an actual plan in place. So, where is the disconnect? Why do so few people have an estate plan if they understand how important it is? Truthfully, there are many reasons people procrastinate estate planning. Below, our Tampa… Read More »
Signs You Need a Tampa Estate Planning Lawyer
Truthfully, all adults need an estate plan to ensure that their wishes are respected. Although there are many online tools to create your own estate plan, these are often not enough to ensure that your loved ones, property, and wishes are protected. When working with a Tampa estate planning lawyer, however, you can have… Read More »
How to Avoid Common Estate Planning Mistakes
When ensuring that your property is managed according to your wishes and making sure that your wishes are fulfilled, both throughout your lifetime and afterwards, drafting an estate plan is critical. However, the process is complicated and if you do not have legal guidance, it is easy to make mistakes and even the smallest… Read More »
Things to Know When Writing Your Will
When drafting your estate plan, your will usually provides the foundation for it. Writing a will has many benefits. You can name the beneficiaries who will receive your property, name a guardian for your minor children, and more. However, there are very important things to remember when drafting your will to ensure the courts… Read More »
Revocable vs. Irrevocable Trusts: What is the Difference?
Trusts play an important role in estate planning. They ensure your property is protected and that it will be distributed according to your wishes. When drafting a trust, you can choose a revocable or irrevocable trust. Each of these has its own unique benefits and features. Before drafting a trust, it is important to… Read More »
When to Update Your Estate Plan
The majority of adults in New Port Richey, and throughout Florida, should have an estate plan in place. These plans outline how you want your property distributed after your death, name a guardian for your minor children, and can even include your end-of-life wishes or name an agent to make decisions for you in… Read More »
When is it Too Late to Draft an Estate Plan?
You may have thought about creating a will, trust, or other important aspects of an estate plan. If the thought has crossed your mind many times in the past but you still have not yet formalized your wishes, you are not alone. Putting off estate planning is very easy to do, as it is… Read More »
Estate Planning Checklist for New Parents
One of life’s biggest blessings is welcoming a new child into your family. Of course, along with the immense joy a new child brings, there are also many responsibilities and these require diligent planning. Estate planning is important for all adults but this is particularly true for new parents. With a comprehensive estate plan,… Read More »
The Risks of Not Designating a Power of Attorney
Many adults understand that they should draft a last will and testament. However, your will is not the only important part of your overall estate plan. There are many other legal documents you may want to draft that will protect your best interests. Unlike your will, some of these documents are effective during your… Read More »
