In the United States, about 40 to 50 percent of marriages end up in divorce. It is, therefore, no secret that many people are entering second marriages. As a result, people need to be aware of the estate planning consequences associated with getting remarried. Not only will you have assets…
Florida law on the execution of wills makes it clear that not all wills are created equal. One of the most important things to know when drafting your will is the law governing the validity of that document. In Florida, if a will does not meet certain required formalities, then…
The number of blended families in America is increasing and with it, so is the need for competent estate planning. As the modern blended family replaces the “traditional” family, tension arises from traditional intestacy laws. Florida residents need to understand the implications these laws have on their family structure and…
It is no secret that we are living in a digital world. Our daily lives are spent online paying bills, browsing social media, checking bank accounts, and the list goes on. When you signed up for all of these accounts, you likely did not think to yourself, “I wonder who…
A will cannot always handle the wide range of issues that arise when planning your estate. A revocable living trust, commonly called a living trust (or “inter vivos trust”), is created during your lifetime and allows you to create a plan to manage your assets and protect you when you…
You take the time to create an estate plan with the hopes that upon passing, your assets are distributed as you had indicated in your estate plan. Unfortunately, not all estate plans are created equal and consequently, a poorly created estate plan could become more contrary to your intended wishes…
We live in a social media age where almost anything we do can be posted online for others to view. We share personal information ranging from vacation photos to our thoughts and opinions on this year’s Oscar winners. Facebook pages have become the diaries of our lives. Facebook and personal…
Power of Attorney is a legal document that gives one person the authority to act on behalf of another as that person’s “agent.” The person who grants the Power of Attorney is known as the “Principal,” and can make this authority as broad or as narrow as he or she…
When you are gone, will your surviving heirs abide by every wish of your estate just as you envisioned, or will they fight over their own interpretations of your will? Ambiguous language in estate planning can create friction among your loved ones when they are at their most vulnerable, erasing…
When a Florida resident passes away, regardless of whether he or she had a valid will, a person will be appointed to act as personal representative to administer the estate of the deceased. If the deceased executed a valid will, he or she may have named the personal representative in…