As you get older, one thing that may become apparent to you is that no one lives forever. Everyone is at risk of getting seriously hurt, becoming incapacitated or living with a disability. It’s important for you to plan for the potential for incapacity in your estate...
Understanding the value of a personalized estate plan
As you start to get older and your life changes, you need to understand the value of having a personalized estate plan. While there are basic DIY estate planning methods online and simple forms that you could fill out on your own, the reality is that those may not...
One crucial difference in how Florida handles estate plans
Many people create an estate plan when they buy a house or have a child. Some people never revisit their estate plan because their plans for their legacy never change. However, if you are a transplant to the Sunshine State who wants a warm retirement, you may need to...
Why do retirement-age adults need to plan for Medicaid?
Working adults often spend much of their professional lives saving and planning for their retirement. When they finally get close to retirement age, their main priority may be verifying what benefits they have and making small changes to their households and...
Is it okay to be 50 without an estate plan?
Now that you’re getting older, you’ve started looking at all you’ve amassed in your lifetime and realized that you’ve done well for yourself. Now in your 50s, your children are moving out and starting lives of their own. You have more freedom, money and assets. One...
What does an executor of the estate do?
In a last will and testament, the document typically assigns someone to serve as the executor of the estate. The named executor doesn't need to be intimately familiar with Florida law to perform the duties since an attorney could provide insight and counsel. However,...
Understanding the estate planning process
One of the issues with estate planning in Florida involves a lack of information as to why people need to create one even if they don't have a vast family fortune. It can be easy to say that since you don't have a lot, your family will know what to do with your assets...
Three big reasons to begin estate planning once you hit your 40s
be married with children and they may have a house, retirement accounts and other valuable assets. This makes middle age the perfect time for a person in the North Port area to consider estate planning. The following are some reasons why estate planning is so...
Understanding the different types of probate in Florida
In Florida, probate can be confusing. For heirs of a deceased person and the individual who is given the role as executor of a will, it can be a troubling time to address these considerations so soon after the death of a loved one. It is easy to miss certain key...
What should be in your commercial lease?
When you own a business, one of the most important aspects is deciding where you want to open up shop. Commercial space can be difficult to find and expensive to lease in Florida, so it's tempting to jump on it as soon as possible when you find what you are looking...