In our increasingly digital age, where video calls and recordings are commonplace, video wills have emerged as a modern twist on a traditional legal document. In Florida, as in many jurisdictions, the legality of video wills has been a topic of discussion and debate, particularly in light of technological advancements and changing societal norms.
In our fast-paced world, the future can be unpredictable. Whether it's due to health issues, travel, or other life events, there might come a time when you cannot manage your affairs. This is where a Power of Attorney (POA) comes in. But what exactly is a POA, and do...
When it comes to estate planning, understanding the distinction between probate and non-probate assets is crucial. Probate is the legal process of administering a deceased person's estate, including distributing assets and settling debts under court supervision. On...
In the realm of estate planning and testamentary intentions, the term "will" holds significant weight. It's a legal document that dictates how your assets and properties are distributed after your demise. Yet, the intricacies of wills, along with their alternatives,...
Every adult over 18 years of age should have an estate plan – so why don’t they? It’s estimated that roughly only 33% of U.S. adults have a will or trust, even though not having an estate plan can set their relatives up for a long, complicated probate process. People...
Maybe someone has two children who seem to fight over everything. Perhaps they remarried later in life and their children don't get along with their new spouse. There are quite a few reasons why someone may anticipate that their estate will be subjected to a...
When it comes to inheritance and estate distribution matters, navigating the legal landscape can be quite complex. One key area worth understanding is the state’s basic approach to intestate succession laws. When an individual passes away without a valid will or...
Older adults can automatically qualify for Medicare benefits when they reach retirement age. Most people expect that Medicare will provide them with adequate resources throughout their golden years. However, those who have debilitating medical issues that develop...
The financial side of estate planning goes far beyond the mere distribution of assets. It’s a thoughtful process that helps to ensure your assets are distributed per your wishes while minimizing tax implications and providing for your loved ones’ well-being. Without a...
Do I really need a will if I have an insignificant amount of property? This is one common question every person has who doesn’t lead a luxurious life. After all, why would you invest your time, money, & efforts for a property which isn’t luxurious at all? But...
