Serving Northwest Florida Families For More Than 25 Years
If you’re like many Floridians, you have a home here and one in another state. Maybe your Florida home used to be your vacation home, but now that you’re retired, it’s your full-time residence. However, you still have a cabin on a lake or in the mountains that you’ve...
If you don’t have someone in your family or friend group to whom you’d like to pass your assets, then you may want to think about leaving them behind to a charity that you support. You could put create a charitable trust as a part of your estate plan. You'd be able to...
If you’re putting together your estate plan and have a dependent who has special needs, it may be wise to consider how a special needs trust could help. This kind of trust is created for another person’s benefit without negatively affecting their governmental...
Now that you’re looking into setting up an estate, something you may wonder about is how many trustees you can have assigned to a trust. To answer that question, you first have to understand what the trustee’s job is. The trustee’s job is to hold the assets in the...
As people age, trying to make sure they’ll be able to get the care they need is a top priority. For some, this will mean that they will need to qualify for Medicaid. Unfortunately, having assets that you want to pass down to your family members could mean that you...
Some people choose to leave the assets they have for their loved ones in trusts. This makes it easier to pass them along. It’s a more private option than going through the probate court with a will. Once you start to go through the types of trusts that you might use,...
As the parent of three children, it is your goal to make your passing as easy as possible on them. You know that their different ages and experiences could affect them when you pass on, which is why you want to make sure you control the situation and give them...
Creating estate plans is a wise move for every family, including the single-parent family. Sadly, many single parents in Florida do not engage in estate planning, partly because they do not understand it. Here are a handful of tips for navigating the process of...
Wills and trusts are among the basic building blocks of estate planning, and yet many people are unsure of what exactly the difference is between the two. Below, we go through the essential aspects of wills and trusts, and how both can be critical to furthering your...
Trusts are often a critical component of estate planning, as they provide numerous benefits that go above and beyond what is available through a will. Among other things, a trust allows you to: 1) pass assets both during your lifetime and after; 2) avoid having your...