When they die, Americans are increasingly choosing to give the ultimate gift to someone who is suffering from a serious illness or injury. In fact, according to the Human Resources and Services Administration, there are currently approximately 169 million registered...
When your Uncle Joe created his will and wished to name you his personal representative, you readily agreed, thinking the required responsibilities were still years away. Now that your uncle has died unexpectedly, you will have to administer his estate much sooner...
As a young professional, you may think that estate planning is not yet necessary. However, even though you are young and likely without severe health problems, estate planning is still essential. Here are four considerations as you begin this process. Draft a will...
Mental health issues differ from mental competency, which reflects a need for creating a valid will in Florida. As defined by the U.S. Department of Health and Human Services, issues that may affect an individual’s mental health relate to social and emotional factors....
Estate planning is important, as it can remove the need to rely on state and federal law (which may be very important for married couples who face uncertainties due to the possibility of the state no longer recognizing their marriages).
After having children, you may need to revisit your estate plan. Creating a will is essential to ensuring that someone you approve cares for your children if you die. A guardian is a person you give legal purview over your children. Choosing someone to take on this...
When individuals pass away in Florida, their estates may enter into probate so that the family may settle the deceased final financial affairs. According to the Florida Bar, probate matters may include settling debts and dispersing money and property to beneficiaries...
After you die, your estate plan will dictate how to distribute your assets. For this to occur, your estate will go through the probate process. According to the Florida Courts, probate is a process overseen by the court system that involves identifying all of a...
The legal term "estate" refers to everything you own at the time of your death. Your estate can be large or small, but someone has to manage it after you pass on. The term for this person is the personal representative. Choosing a personal representative is not a...
The average cost for a funeral in Jacksonville, Florida is around $6,870 and may cost more depending on a few factors including desired services, hand-picked caskets and if the cemetery requires a cement vault in the plot. While estate planning tends to focus on what...
