Run-of-the-mill power of attorney (“POA”) documents blanket the pages of the internet if you do a quick search. But when you have a loved one and need real protection, you need something stronger. Look no further than an Elder Law POA.
Florida probate and estate planning attorneys help you care for your family by helping you avoid probate.
Have fears as a parent? We did too. Let us guide you as we plan from a parent’s perspective.
If you’ve delayed getting your estate planning documents together, this year, 2021, is the year to get it done. Think about it. You are stuck in this pandemic which took away your control over so many things. You cannot travel and visit with others as you wish. This entire time can be viewed as a complete time waster, if we do not act to create something of value. How about using 2021 to create the joy of accomplishment?
If you have young kids, a cookie-cutter estate plan won’t work. Do Florida parents need revocable trusts? Parents of young kids need estate plans as unique as their own children.
People under the age of 65 account for more than 20% of COVID-related deaths in the US. However, young people are less likely to have estate planning documents, like a will or advanced directive, in place than those of older adults. This means that many people who are dying from coronavirus likely do not have documents in place to dictate who cares for their children or what happens to their home or money.
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.
