A children’s trust or a standby trust for minors can be set up to help manage the inheritance of a beneficiary who is underage. If a beneficiary is not 18 or another minimum age chosen by the [...]
Financial accounts can be set up to designate a person to whom the funds are payable on death, meaning the named beneficiary can claim the funds without going through the probate process. If you [...]
In Florida, married couples can hold jointly owned property as tenants by the entirety which can help couples to avoid probate and protect one spouse from creditors of the other. When someone [...]
Being married does not give your spouse the ability to make financial decisions for you, such as accessing your IRA. In order to grant your spouse or another trusted individual those rights, you [...]
When a minor child inherits assets in Florida, their parent or guardian does not have the authority to settle, collect, receive, or manage real or personal property if the total assets exceed [...]
If your spouse passes away and you owned real property with your spouse as tenant by the entirety, you need to clear the title to your real estate so it is owned by you alone as the surviving [...]
Distinct from healthcare directives such as a healthcare power of attorney or a living will, a personal care plan is a document telling your loved ones how you wish to be taken care of throughout [...]
Florida has laws that protect high net worth elderly individuals from exploitation through “deathbed” marriages. Deathbed marriages occur when an elderly, sometimes high net worth, individual [...]
While everyone needs individualized legal advice on what language their estate planning documents should contain, the following are some of the most common and important clauses which should be [...]
The True Link Prepaid Visa Card is a better way for professionals such as guardians, fiduciaries, and trustees to manage and protect their clients’ finances. With the True Link Card you can [...]
