If you are confused about setting up legal documents and plans for your minor kids, you are not alone. Most parents know they need to do something, but experience confusion over making the right choice and fear over how much it costs to accomplish their goals.
Turning eighteen is a special time in life. High school graduation, new job, and possibly college. While your son or daughter may still seem like a “child” to you, turning eighteen brings about many legal changes for your newly-minted adult. But, there are some things that parents of 18 year olds must know. Parents of …
Parents of young children often wonder if it is the best idea list their minors as account beneficiaries. Usually, a parent will list the spouse as the main beneficiary, but would like to name children as a contingent beneficiary, in the event something happened to both parents. This practice of naming minors as account beneficiaries, along with a few others set forth below, will cause many unintended consequences.
While some attorneys do not recommend testamentary trusts, I offer my clients the option to choose between testamentary trusts and revocable trusts based on their family needs. A testamentary trust may fit your family better.
As a small token of gratitude, I am providing all essential workers and teachers with a Florida healthcare surrogate, at no cost to them. A healthcare surrogate allows your trusted friends and family to make medical decisions for you, if you are not able to make them for yourself.
Does thinking about “estate planning” sadden you? If so, you are not alone. Each year, countless individuals delay and procrastinate necessary planning. This planning may save money, tax payments and worrying.
You are already stressed, anxious and worried, so I hesitate to add “legal drama” to your concerns. So, instead of adding fuel to the fire, I will give you some easy things to do right now to safeguard your kids, give you peace of mind, and fill your time with productive work.
Estate Planning must modernize and change with the new coronavirus
The Kid Care Package empowers you to nominate legal guardians for your children.
Yes, you do need estate planning! After all, I got into this area myself due to my own personal needs. What’s more than that, I saw that my friends could benefit from it. Most of us want to make plans and make things easier for our loved ones. For more on Estate Planning based on …
