by Monique | Jan 6, 2021 | Estate Planning, Estate Planning for Parents, Transferring Wealth to the Next Generation
According to the CDC, approximately 46% of children in Florida are born to unwed mothers. In Florida, a child born out of wedlock may face problems inheriting from their biological father’s estate when their father passes away. Even if the child had a great...
by Monique | Nov 25, 2020 | Avoiding Probate, Estate Planning, Estate Planning for Parents, Probate, Transferring Wealth to the Next Generation
An enhanced life estate deed, also known as a ladybird deed, is an effective way to transfer real property on the death of the owner without going through probate or using a revocable trust. This allows a property owner to retain lifetime ownership of their...
by Monique | Jul 1, 2020 | Estate Planning for Parents
Traveling and working parents may wish to nominate a responsible individual to make medical decisions for their minor children if the parents cannot be reached. It is important for parents to make this determination before leaving their child with a caregiver. If a...
by Monique | May 28, 2019 | Estate Planning, Estate Planning for Parents, Guardianship, Transferring Wealth to the Next Generation
When clients want to leave their assets to minor beneficiaries, we almost always will recommend that the assets are left “in trust” as opposed to devising the assets directly to the minor children. In Florida, assets left directly to beneficiaries will often need to...
by Monique | Dec 5, 2018 | Estate Planning, Estate Planning for Parents
All parents want what is best for their children, but many parents have different definitions of what is “best”. When you work with an estate planning attorney, they can help you achieve your goals on what works for you and your family. Some parents leave...
