Miramar Beach Business And Estates Blog
Ways to reduce your risk of probate for a Florida estate
The probate courts primarily exist to help enforce the law regarding the passage of wealth and assets from one generation to the next. Unfortunately, despite their noble intentions, what the probate courts often produce is wealth-diminishing expenses, exasperating...
Does your estate plan include a business succession plan?
Most estate plans do not include business succession plans for the simple reason that most people do not own their own businesses. Even among those who do, they may not add the business into the plan because they fully intend to sell it and retire long before passing...
Becoming a conservator when you can’t locate your spouse
In your wedding vows, you and your spouse promised to be there for one another until death. Unfortunately, you haven't seen your spouse in weeks or months, and you have to balance your worry about them with pressing practical issues that arise during their absence. ...
Do you have a good reason to remove the executor of a loved one’s estate?
When a loved one dies, it’s hard enough to handle all of the emotional fallout that comes along with your loss. It’s even harder, however, to try to manage a problematic situation with the estate’s executor. You can challenge the executor of your loved one’s estate...
Florida ranks No.2 for the number of elderly among its population
The elderly are not the only ones who should do estate planning. It can be helpful for young people, as well, especially young parents who just had their first child. Anyone can benefit from creating an estate plan, and people should never put it off for later. That...
Guardianships help you protect family members with special needs
Most people become legally independent when they reach the age of 18. Even if they are still enrolled in high school, these new adults have a host of rights and responsibilities that their peers who haven't yet reached 18 do not. Registering to vote, enrolling in the...
Do you have to worry about your home during Medicaid planning?
People who engage in estate planning will have a different focus during the process depending on their current stage in life. For example, young professionals and new parents will likely focus their estate plan on protecting their children by naming a guardian and...
Why do estates end up in litigation?
Whether you’re writing your will or serving as the executor for someone else’s estate, the last thing you want is to end up in probate litigation. But it can happen easily when the circumstances are right – or wrong. Here are some of the common reasons that estates...
Have family conversations when doing estate planning
You do not have to do your estate planning alone. It’s something you can do with the rest of your family, as a joint effort that includes a lot of family conversations. After all, the plan you put in place is going to impact them in many ways. Why not give them a say...
How a conservatorship helps a family when someone goes missing
When an adult goes missing indefinitely, their family members can wind up in a particularly difficult situation. Unless someone has power of attorney authority or is a cosigner on various accounts and assets held by the missing individual, family members and loved...
