Jacksonville Estate Planning And Elder Law Blog
The mental advantages of estate planning
A lot of people focus on the financial perks of setting up an estate plan, which are very significant. Ensuring that loved ones are taken care of in the future an that your estate is managed properly offers other advantages, however, especially from a mental point of...
Beneficiary designations play a key role in estate planning
Florida residents may focus on their wills as the centerpiece of their estate plan. However, Kiplinger notes that beneficiary designations also play an important role in your estate planning. Our law firm has experience helping clients design thoughtful estate...
What is the difference between voluntary and involuntary guardianships?
A guardianship is when the court gives one person the authority over another person. A guardian may have the right to make personal and financial decisions for the person or the decision-making rights may have a limit to only personal or only financial. According to...
Interested parties in probate court
The concern, when an estate goes to probate in Florida, is that it may get tied up in litigation. The more people who have the ability to sue, the higher the likelihood of a delay. However, there is a limitation on who can file a lawsuit. People must be an interested...
What is a simple will?
The majority of Americans are aware that a will is necessary in order to ensure that our assets are rightfully distributed when we are gone. However, many Americans are hesitant to write a will due to how complex the process seems. However, there is a specific variety...
Restructuring retirement plans for asset preservation
Few start out planning for the worst case scenario. However, retirement is not always smooth as one would hope. Plans for the future are usually based on expected needs. As the reality of these needs change, logic dictates that estate plans should change as well —...
Make a plan for long-term care
As people age, they may need help performing everyday tasks. In this situation, it is important for people to have a long-term care plan. A long-term care plan consists of different services that people may need as they get older. The Administration on Aging says...
What is a living will?
You are probably well-aware of the importance of estate planning. Dying without a will in place can be extremely messy and lead to years of legal strife or your family and beneficiaries. However, the parts of estate planning which may apply while you are still...
What to consider when creating an estate plan
Whether you live in Florida or any other state, it is important to have an estate plan in place. The first steps in the estate planning process involve gathering documents and determining what your plan needs to accomplish. Lawyers can help you create a will, trust or...
How do you choose an executor for your will?
While estate planning covers many different tasks, you may decide to start by writing a will to describe how you want to divide your estate among your heirs. One of the most important parts of writing a will is determining who to name as your executor. The executor...
