Blog: Estate Planning
Essential Estate Planning Tips for Blended Families: Tips to Secure Your Legacy from a Tampa Will and Trust Lawyer
In today's diverse society, blended families are becoming increasingly common, bringing unique challenges and considerations when it comes to estate planning. Ensuring that your will or trust accurately reflects your wishes and adheres to state laws is crucial to...
Brandon Estate Planning Attorney on The Benefits of Having an Estate Plan
People usually associate estate planning with wealthy people, but everyone can benefit from an estate plan. An estate plan is a variety of documents that determine how your assets will be distributed upon your passing and can even protect you if you are incapacitated....
Tampa Will and Trust Attorneys on Making Sure Your Digital Property Is Properly Managed in an Estate Plan
Several estate planning challenges have arisen because people own digital assets. The challenges include access, transfer, and even knowing that digital assets exist. Digital assets can include: Cryptocurrency E-wallets Websites Social media accounts Digital photos...
Tampa Estate Planning Attorney Offers Options for Transferring a Home to Your Children
If you’re a parent, you probably want to leave assets to your children to help create a secure financial future after you pass. You don’t want them to struggle financially. You also want to ensure they receive items of personal meaning and continue the legacy you...
Tampa Will Lawyer on Understanding the Role of a Remainderman in a Life Estate
A life estate is a form of property ownership that allows an individual to use and manage property during their lifetime. The life estate also designates who will receive the property after the owner’s death, known as the remainderman or remainder beneficiary. Let’s...
Tampa Estate Attorney: How to Talk to Your Aging Parents About Finances
Conversations with aging parents about finances can be challenging. Over half of adults would rather talk to their children about sex than their parents about aging, according to PBS News Hour. Although difficult, talking with aging parents about their finances is an...
Brandon Special Needs Lawyer: Why a Will is Never Enough for Parents of Children with Special Needs
As a Brandon special needs lawyer, I’m often asked, “Is a will enough to protect my child if something happens to me?” Unfortunately, the answer to this question is almost always “no.” Having a will is a great first start, but when you have a child with a disability,...
Tips for Handling Unequal Inheritance from a Brandon Will and Trust Lawyer
Unequal inheritance occurs when a parent leaves different amounts of assets to their children. Hurt feelings and conflict can damage relationships and potentially lead to lawsuits among siblings. Estate planning requires carefully drafting each document to adequately...
Moving to a New State? Update Your Estate Plan Before You Go
Most people in the United States know that laws can vary significantly from state to state, and the laws regarding estate planning are no exception. Before you move to a new state, it’s crucial to understand whether you need to make any changes to your estate plan....
Brandon Will and Trust Lawyer on What a Power of Attorney Can and Cannot Do
A power of attorney is a legal instrument that a person (the “principal”) creates, allowing a designated person (the “agent”) to make decisions on their behalf. If you are creating or modifying a power of attorney, or if you have been made an agent, it is important...
Brandon Estate Planning Lawyer on The Top Reasons to Update Your Will
Estate planning is a crucial aspect of anyone’s life. Even if you're not a high-net-worth individual, creating an estate plan can benefit your family in various ways. It can ensure they receive your assets to secure their financial future or a special family heirloom...
The Difference Between an Estate Tax and an Inheritance Tax
Almost nothing can escape the reach of the long arms of Uncle Sam. When you create an estate plan, understanding how taxes could impact your property and assets is vital. Unfortunately, the IRS has never made understanding taxes easy. Knowing the difference between...
Back to School: Top Estate Planning Tips for Parents of School-Aged Kids
Parents of young children tend to have busy lives. Back-to-school season can be especially hectic, as parents need to buy new clothes and supplies, plan school runs and after-school activities, and refresh their minds about school subjects so that they can help with...
Tampa Special Needs Lawyer Answers, “What Is the Autism Cliff and How Should it Affect My Estate Plan?”
If you are a parent who has a child on the autism spectrum, you have probably spent a lot of time worrying about what will happen when your child becomes an adult. This time of life is sometimes referred to as the “autism cliff,” which is the age at which young adults...
What You Should Know About Your Aging LGBTQI Family Member
Aging can be difficult for anyone, but older adults who identify as lesbian, gay, bisexual, transgender, queer, or intersex (LGBTQI) face unique challenges and difficulties. If you have a loved one or family member who identifies as LGBTQI, here are some things you...