Recent Blog Posts
Should You Try a “DIY Estate Plan” in Tampa?
New developments in technology have caused many to consider alternative options for estate planning in Tampa. There is a tendency among some residents to overestimate the potential of artificial intelligence, and you might assume that you can create an estate plan with a few clicks of your mouse. But is a “DIY estate plan”… Read More »
Florida Estate Planning for Canadian Snowbirds
According to various reports, Canadians own 500,000 homes across Florida. They are the largest foreign buyers of Florida real estate by a considerable margin, and this should not come as a huge surprise when you consider the freezing temperatures of the True North. Many of these Canadians are self-professed “snowbirds” who move down south… Read More »
How Does Probate Mediation Work in Tampa?
Although most people picture courtrooms and judges whenever they think about legal matters, most disputes today are settled during private negotiations. Also known as “alternative dispute resolution” (ADR), these negotiations can take various forms. One example is mediation, and this process can occur during divorce, lawsuits, and probate. How exactly does probate mediation in… Read More »
What Is a Trustee in Tampa?
When you begin to learn about estate planning in Tampa, you may encounter many new words and phrases. While some families might never have to worry about trusts, others could benefit immensely from their various benefits. After researching trusts, you may have come across the word “trustee.” What exactly is a trustee? How do… Read More »
Tips for Creating an Estate Plan Early in Life
While many assume estate planning is reserved for seniors, others understand that it is never too early to get started with this process. Even immediately after becoming a legal adult, there are certain benefits to creating a simple Will or power of attorney. That being said, younger individuals will approach estate planning with unique… Read More »
Will Trump Extend the Federal Estate Tax Exemption?
Prior to the 2024 Presidential Election, there was much talk about the “sunsetting” of the federal estate and gift tax exemption. Initially enacted in 2017 as part of the Tax Cuts and Jobs Act, this law considerably reduced estate tax obligations for high-net-worth families across the country. Now that President Trump has won, the… Read More »
Should I Consider Estate Planning Before My Kids Leave for College?
Estate planning may be particularly important during many life moments. Retirement is an obvious example, as is the diagnosis of new medical issues. One life moment that seems to fall under the radar is high school graduation – and the family may benefit from estate planning in Tampa during this transitionary period. Why should… Read More »
Estate Planning Before High-Risk Surgeries
The days leading up to a high-risk surgery can be daunting. You may have been told that your surgical procedure has a significant chance of failure, and you may be prepared to accept this risk in exchange for a chance at recovery. While there are many things to consider before your surgery date, estate… Read More »
Estate Planning Steps to Take if Your Senior Is Showing Signs of Dementia
According to the National Institutes of Health, the number of senior Americans struggling with dementia could rise past 14 million by 2060. Family members are often the first to spot worrying signs of cognitive decline, and they may be well aware of the rising rates of dementia in Florida. What should you do if… Read More »
Can a Trust Motivate My Kids to Work Harder?
A key concern for high-net-worth families is the loss of “generational wealth.” According to Forbes, 70% of high-net-worth families lose their entire fortunes by the second generation. By the third generation, 90% of these wealthy families have lost everything. Many parents are well aware of these statistics – including some of the most well-known… Read More »