Procrastinating on creating an estate plan can have significant financial and emotional consequences. Many individuals delay this important step because it feels overwhelming or they believe it can be put off. However, postponing estate planning often increases costs, taxes, and family stress. Taking action now ensures your assets are protected, and your loved ones are […]
For families with children or other dependents, addressing dependent care in legal documents is essential. Proper planning ensures that your loved ones are protected and cared for according to your wishes. By creating clear legal structures, you can provide both guidance and security for those who rely on you, reducing uncertainty and potential disputes.
Designating Guardians
One […]
Deciding between a trust and a will is a fundamental choice in estate planning. Both tools serve important purposes, but trusts may provide advantages in certain situations. Understanding the differences between the two helps ensure that your estate plan aligns with your goals, protects your assets, and effectively provides for your loved ones.
Benefits of Trusts
Trusts […]
When planning your estate, choosing the right executor is a critical decision. The executor plays a central role in ensuring your wishes are carried out and your estate is managed efficiently. Selecting the right person can prevent delays, reduce family stress, and ensure that your assets are distributed according to your intentions.
Duties of an Executor
An […]
A favorite relative has always told you you would receive a coveted item when she passed. The item has a lot of sentimental value to you and has been in your family for generations. You know that your siblings and cousins do not have any sentimental value attached to the item. Your loved one dies, […]
You are never too young to make a will, as long as you are emancipated, which means you are on your own. Florida Statutes §732.501 states that you must be 18 years of age or an “emancipated minor,” and must be of sound mind. Florida statutes also provide the circumstances in which a minor may […]
Each year the tax code changes, so you should retain a professional to help you, especially if you have a business. However, even accountants can make mistakes and you might find yourself in need of a tax attorney. You may also wish to consult a tax attorney on major life changes, such as selling a […]
When it comes time to put wealth and property into a legally binding will, some things are easier than others. You generally leave cash, physical assets and life insurance to help meet the financial needs of a spouse and children. But a business with many moving parts can be more complicated. Not every heir has […]
Creating a will or estate plan ranks among the true acts of kindness. You are considering friends and loved ones in a thoughtful way. You’re also taking control of how you’d like assets distributed and removing any potential disagreements between those you leave behind. It’s important to set up a will or estate plan and […]
As an estate planning attorney, France Law receives many questions regarding the creation and administration of wills in Florida. Each state has the latitude to establish various laws regarding the form that wills can take and the process to make them a legally binding document.
Here are five fast facts regarding wills in Florida.
A person desiring […]
