Category Archives: Estate Planning
Revocable vs. Irrevocable Trusts in Tampa
While there are many different types of trusts in Tampa, all trusts fall into one of two categories: Irrevocable and revocable. If you’re new to the world of trusts, you may be unfamiliar with these two concepts. An experienced estate planning attorney in Tampa may be able to explain the differences between irrevocable and… Read More »
How to Avoid Leaving Debt to Your Family Members in Tampa
Most people want to leave their loved ones’ wealth when they pass away. Sometimes, life has other plans. Despite your best efforts, you might face the very real possibility of passing on debt to your family members instead of wealth. What can you do in this situation? Should you consider various asset protection strategies,… Read More »
Protecting Your Religious Values With an Advance Directive in Tampa
Many religious individuals have important values that they want to protect, even if they become incapacitated. Many of these religious beliefs apply to healthcare and medical decisions. How do you ensure that your healthcare providers respect your religious values after you fall into a coma? What if you suffer some kind of head injury,… Read More »
Finding Love in Old Age: Estate Planning Implications in Tampa
During your twilight years, you might find love again when you least expected it. Many elderly people become incredibly lonely, often after losing their spouses. If you find love in old age, you should be happy. But you should also consider the estate planning implications of a new romantic relationship – or a new… Read More »
How to Choose an Estate Planning Lawyer in Tampa
If you already know you need estate planning in Tampa, you’re already one step closer to peace of mind. However, no amount of research will provide you with a Will or health care surrogate. For real action, you’ll need to get in touch with an estate planning lawyer and discuss your options. But how… Read More »
How to Deal With Suspicious Inheritances in Tampa
You have every right to be suspicious about people inheriting large sums of money from your relative’s estate. This is especially true if the people in question seem to be complete strangers or very new acquaintances of the decedent. How do you react to situations like these? How do you push back against potential… Read More »
Spendthrift Trusts vs. Discretionary Trusts in Tampa
Two of the most common types of trusts in Tampa are discretionary trusts and spendthrift trusts. Not only are they common, but they are also very similar. In fact, to some, they might seem completely interchangeable. However, an experienced estate planning attorney in Tampa can explain their various differences and similarities, allowing you to… Read More »
Joint Tenancy vs. Tenancy is Common During Tampa Estate Planning
The family home and other real estate are often central in Tampa estate plans. After all, the family home is the most valuable asset for most people in the United States. While you might assume that leaving behind your home to your loved ones is relatively simple, you can do this in different ways…. Read More »
Beneficiary Designations vs. Trusts in Tampa
Beneficiary designations and trusts represent two popular types of estate planning strategies in Tampa. But which one is more effective? Which option serves your unique family needs? Could they both represent potential additions to your estate plan? These are questions you might want to explore with an experienced estate planning attorney in Tampa. Trusts… Read More »
The Challenges of Leaving Inheritance to a Non-Family Member
Many people in Florida establish stronger connections with friends than with their family members. You don’t get to choose your family members, but you do get to choose your friends. In a way, this makes friendship inherently more meaningful. What might happen if you decide to leave behind the lion’s share of your wealth… Read More »