Recent Blog Posts
When Should I End a Guardianship in Tampa?
The role of a legal guardian in Florida is one of tremendous responsibility. They say that absolute power corrupts absolutely, and this is certainly the case with some guardianships in Tampa. When a guardian fails to perform their duties, it may be necessary to strip away their legal powers and protect wards from further… Read More »
What Happens if My Loved One Dies With More Liabilities Than Assets?
A study by Debt.org found that almost three quarters of all Americans are likely to die with debt. Medium also states the average American can expect to die without ever paying off outstanding liabilities. After a death in the family, many relatives in Tampa are shocked to learn that their loved ones had more… Read More »
Living Will vs. Will in Tampa
If you live in Florida, you might have heard of two estate planning tools with similar names: Living wills and Wills. While these may seem like interchangeable concepts, they are very different. When determining how to approach estate planning in Tampa, you might want to consider both living wills and Wills. However, it is… Read More »
What Does “Transfer-on-Death” Mean in Tampa?
As you explore various estate planning options in Tampa, you may come across the phrase “transfer-on-death.” Also known simply as “TOD,” this represents a relatively simple and popular estate planning strategy in Tampa. How exactly does it work? Is a TOD right for your estate plan? These are all questions you might want to… Read More »
Handling Passwords During Tampa Estate Planning
According to the World Economic Forum, almost 20% of items sold on the dark web are passwords, emails, and account data. Every Tampa resident should strive to protect their passwords, and this priority is particularly important during the estate planning process. How exactly should you handle your passwords for banking, crypto, and stock trading… Read More »
Assets That Are Difficult to Inherit in Tampa
If you want to leave your beneficiaries various assets, you might assume that they will be overjoyed to receive them. However, some assets are incredibly complex to inherit – and you might leave your beneficiaries with nothing but stress. If you have any of these assets in your estate, you might consider discussing alternative… Read More »
Combining a Testamentary Trust With a Pour-Over Will in Tampa
While researching your estate planning options in Tampa, you might have come across two concepts: Testamentary trusts and pour-over Wills. Both of these estate planning strategies offer their own unique benefits, but you can also combine both into a single strategy. How would this work in practice, and why would you want to create… Read More »
Is Life Insurance a Legitimate Estate Planning Strategy in Tampa?
When approaching estate planning in Tampa, it makes sense to consider all potential possibilities. You may have heard about other Florida residents using life insurance as a retirement or estate planning tool – but how does this strategy actually work? Is it a viable choice? Should you consider using a life insurance policy for… Read More »
What to Do if Your Executor Is Refusing to Cooperate in Tampa
If your loved one passed away, you might have various interactions with the executor of their Will. At first, you might not be familiar with the roles and responsibilities of an executor. However, it shouldn’t take you very long to identify an uncooperative, uncommunicative, or irresponsible executor. What can you do if your executor… Read More »
What Happens if My Executor Gets Dementia in Tampa?
An executor plays an important role in the estate planning process. When most people select executors for their Wills in Tampa, they choose individuals who are likely to act in a calculated, efficient manner. These are often individuals with solid financial skills. They may also have a reputation for being reliable. But what happens… Read More »