When estate planning, there are several issues that you should be aware of to ensure your estate’s personal representative distributes your assets according to your wishes and that you continuously protect your loved ones’ financial future. Here are some common issues...
Month: February 2024
Why should you plan for long-term care?
On Behalf of The Coleman Law Firm, PLLC Attorneys and Counselors at Law | Feb 28, 2024 | Elder Law and Medicaid Planning
Florida has a large and growing senior population, mainly due to its warm climate and friendly tax policies. As people age, the likelihood of needing some form of long-term assistance increases. Long-term care planning is one integral aspect of the estate planning...
Why can probate take longer than expected?
On Behalf of The Coleman Law Firm, PLLC Attorneys and Counselors at Law | Feb 22, 2024 | Probate and Estate Administration
When a loved one dies, their estate typically goes through a legal process called probate. Probate involves validating the deceased person's will, identifying their assets, paying off debts and distributing what remains to the rightful heirs. However, this process can...
Have you named a power of attorney?
On Behalf of The Coleman Law Firm, PLLC Attorneys and Counselors at Law | Feb 16, 2024 | Estate Planning
As you make an estate plan, your main focus is likely curating your estate in anticipation of your passing. You may be considering who would be your executor of your estate and beneficiaries. You may also consider using your estate plan to focus on important matters...
Does your life insurance need to go in your estate plan?
On Behalf of The Coleman Law Firm, PLLC Attorneys and Counselors at Law | Feb 6, 2024 | Estate Planning
When you’re creating an estate plan, you typically want to mention all of your major assets. High-value assets often lead to disputes, so you need to make a plan for things like the family home, a small business, your investment portfolio, bank accounts and much more....
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