Estate Planning

When creating the terms of a trust, we usually consider present circumstances and existing assets. For instance, we include beneficiaries thinking they would still be in our lives by the time of the trust’s execution. But unforeseeable events can force you to change...

Estate planning is when you create a formal and legal plan for managing and controlling your estate after you pass or if you suffer severe incapacity. Here are the basic steps you must take to indisputably go through the estate planning process. Identify all your...

There is more to creating an estate plan than writing a will or creating a trust. While those documents are essential for determining what happens to your estate after your death, there are additional documents to include in an estate plan that can be beneficial...

A will is a document that stipulates how your possessions and assets should distribute among beneficiaries after your death. A trust is a fiduciary arrangement that allows a trustee to manage and hold assets on behalf of beneficiaries. While a will does not become...

When you create an estate plan and write a will, you name an executor to oversee your estate when you pass away. When deciding who to choose as the executor of your estate, you should consider what the responsibilities of an executor are before making any decisions....

You should review your estate plan every three to five years to ensure that your assets will distribute as you desire. However, there are certain life events and changes in circumstances that should trigger you to update your estate plan, regardless of when these...

Blended families are becoming increasingly common. With these changing family dynamics comes the need for estate planning that considers the inheritance of stepchildren. However, this can be a complex process that requires careful consideration of the unique...

Building a startup remains a dream for many. After all, who can deny the appeal of working for oneself while shaking up the marketplace? If all goes well, it is reasonable to expect that the business will far outlast the life of its creator. Thus, it is vital to have...

Estate planning is the process of arranging your financial affairs and assets to ensure their smooth transfer to your heirs and beneficiaries after you pass away. Asset protection is essential to estate planning. It involves safeguarding your assets against various...

For most people in Jacksonville, estate planning is something they rarely think about or do. Many people have never started their estate plan or even considered what they would want in a plan. So it's no surprise that there are a lot of misconceptions about estate...