Per stirpes and Per Capita: How Heirs Inherit

  If someone dies intestate (without a will), the default rule is that their heirs or relatives inherit per stirpes.  It is a pretty archaic way of distributed property that dates back to medieval England.  For some reason, Florida law still uses...
Update Your Beneficiary Designations

Update Your Beneficiary Designations

Take some time this week and make a list of your investment, banking, retirement, and life insurance accounts.  Then, reach out to each institution to update your beneficiary designations, naming who you want to receive the account funds on your death. Having updated...
Back to School Check Up

Back to School Check Up

As the school year begins, and our children settle into new routines, every parent should take a few minutes to do a “Back to School Check Up”.  Look over your estate planning documents for the following: Guardians.  Have you named Guardians to care for...
Escheated or Unclaimed?

Escheated or Unclaimed?

What’s the difference between escheated and unclaimed funds? This article gives an analysis: https://www.wealthmanagement.com/estate-planning/what-s-difference-between-escheated-and-unclaimed-funds