Category Archives: Estate Planning
Does a Power of Attorney Apply to All Future Decisions?
A power of attorney is a popular estate planning tool in Tampa, and it allows you to designate an “agent” who can make decisions on your behalf. However, decisions come in many forms, including legal, financial, and medical choices. Can a power of attorney apply to all of these various decisions? Or do you… Read More »
Waiting Two Years for Summary Administration During Florida Probate: Pros and Cons
If you live in Florida, you might have heard about summary administration. This process is designed to be quicker, easier, and cheaper than normal probate. Although estates worth $150,000 or less automatically qualify, you can also simply wait two years and automatically gain access to summary administration regardless of the estate’s value. Is this… Read More »
What Happens if I Disinherit My Entire Family Without Telling Them?
Various factors may cause you to rethink your estate plan in Tampa. For some individuals, new plans might involve “disinheriting” all of their family members. Although this might have been a difficult decision, you may be committed to this new approach. What might happen next? What are the potential consequences of disinheriting your entire… Read More »
What Happens if I Disinherit My Entire Family Without Telling Them?
Various factors may cause you to rethink your estate plan in Tampa. For some individuals, new plans might involve “disinheriting” all of their family members. Although this might have been a difficult decision, you may be committed to this new approach. What might happen next? What are the potential consequences of disinheriting your entire… Read More »
Can the Florida Government Really Take My Assets After I Pass Away?
If you are in the process of researching estate planning in Tampa, you may have come across an interesting piece of information: Under certain circumstances, the government is technically allowed to take your assets after you pass away. How could this be legal or constitutional? More importantly, how do you prevent this from happening?… Read More »
How Do I Make Sure My Relatives Can Access My Online Financial Accounts After I Pass Away in Tampa?
If you are approaching the estate planning process in Tampa, you probably have various online financial accounts. Some of these accounts may hold considerable assets, and you may be concerned about what might happen to them after you pass away. How do you ensure your family gets access to these online accounts after you… Read More »
How Do Life Estate Deeds Work in Tampa?
If you’re planning to leave behind your family home after you pass away, you might be interested in something called a “life estate deed.” Many families choose this option when considering estate planning strategies in Tampa, but is this truly the right choice for you? To answer this question, you might want to meet… Read More »
Can a Florida Trust Have an Out-of-State Trustee?
If you have a trust in Tampa, you might be wondering whether you can select an out-of-state trustee. Perhaps you’re in the process of creating a trust for the first time, or maybe you already have a trust. You might have lived in another state for many years, and perhaps you created your trust… Read More »
What Is a “Self-Settled” Trust in Tampa?
If you’re planning to create a trust in Tampa, you are spoiled for choices. All kinds of different trusts are available, and one option that might have crossed your path is a “self-settled trust.” What exactly does this phrase mean, and is it the right choice for you? Are these trusts even legal in… Read More »
The Hidden Risk of Relying on Crypto and Gold for Your Estate Plan in Tampa
Many seniors rely heavily on gold for their estate plans in Tampa, and some are beginning to adopt crypto tokens at high rates as well. But while gold and crypto can certainly perform well under the right circumstances, they also have one major problem: Both of these investments are rife with scams and corruption…. Read More »