Category Archives: Estate Planning
How to Handle Safety Deposit Boxes During Estate Planning in Tampa
The latest statistics show that although banks across the country have millions of available safety deposit boxes, they are slowly being phased out. Many lie empty, and many consumers prefer to store their important documents digitally. However, there are still many Tampa residents who store valuable physical items in their safety deposit boxes. How… Read More »
How to Handle a 401(k) During Estate Planning in Tampa
A Gallup poll found that about 60% of Americans have a retirement savings plan, such as a 401(k). These retirement plans can be incredibly powerful investment tools, but what happens to them after you pass away? Who receives your 401(k), and how should you integrate your retirement accounts into your estate plan? These are… Read More »
What Is the Last Possible Moment I Can Write a Will in Tampa?
A significant portion of elderly Americans do not even have a basic Will. While people may neglect to take this step for various reasons, some believe that they have all the time in the world. Why write a Will now when you can simply wait until the last minute? If you follow this logic,… Read More »
Lifetime Gifting Strategies in Tampa Explained
Many people in Tampa want to share their wealth with loved ones before they pass away. One potential benefit is experiencing your loved ones enjoying these gifts during your lifetime, but there are many other advantages to consider. Why should you consider lifetime gifting strategies in Tampa? How do these strategies work? Can an… Read More »
Can Advance Directives Be Verbal in Tampa?
Many Tampa residents choose advance directives to express their medical preferences ahead of time. It is generally a good idea to take this step with guidance from an estate planning lawyer in Tampa, as simple mistakes could cause issues in the future. A common question is whether advance directives can be verbal, or whether… Read More »
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 »