4 Reasons Why Naming a Minor as a Beneficiary of Your Will, Trust, or Other Financial Account is a Bad Idea
As a parent, you likely want to provide for your children or grandchildren in your estate plan. When you begin the process of estate planning, these individuals often may be minors. The question becomes how to achieve your estate planning goals in terms of sufficiently providing for your children while still avoiding the pitfalls that […]
Should I Include a HIPAA Authorization in My Estate Plan?
Estate planning is the process by which individuals create a comprehensive plan to protect their assets, avoid probate and estate taxes, and determine who will receive their assets after they pass away. An estate plan can contain various elements, but one component is HIPAA authorization, or allowing another person to receive your personal medical information […]
3 Reasons to Update Your Estate Plan After Moving to Florida
Individuals often move to Florida to take a new job or to live out their retirement years in a warmer climate. However, when you move to Florida from another state, you likely need to take some steps to update your estate plan. Working with an estate planning lawyer can help you determine the appropriate measures […]
How Does Trust Administration Work in Florida?
Trust administration is the process by which a trustee carries out the terms and conditions of a trust after the settlor’s death or the person who created the trust. This administration type generally occurs outside the probate court system and is much different from probate administration. Although avoiding probate is a major goal of creating […]
5 Steps to Take After Losing a Parent
Losing a parent can be one of the most devastating events in your life. However, even as you and your family members work through your grief, you likely need to take steps to handle your parent’s affairs. Working with an estate administration lawyer can help you determine the appropriate course of action to administer your […]
4 Objectives that You Can Meet by Distributing Assets to Your Family Members Through a Living Trust
When you work with an estate planning lawyer to create a comprehensive estate plan, you likely have specific objectives, some of which a living trust may achieve. For instance, you may want to make handling your affairs as simple as possible for your surviving family member, minimize taxes, and avoid probate. Creating and funding a […]
Will My Heirs Have to Pay My Debts After I Pass Away?
When working with an estate planning lawyer, you likely are interested in simplifying your affairs, avoiding taxes, and preserving your assets for your heirs. In many cases, your goal is to ensure your loved ones avoid the expense and time involved in probate proceedings after you pass away. A Florida estate planning lawyer from Kramer […]
3 Common Estate Planning Pitfalls
A comprehensive estate plan is individually tailored to meet your unique needs and objectives. As a result, each person’s estate plan may differ substantially. However, as you go through the estate planning process, you should be aware of some common pitfalls to avoid. An estate planning lawyer at Kramer, Green, Zuckerman, Greene & Buchsbaum, P.A. […]
Should I Add My Adult Child to the Deed to My Property to Avoid Probate?
When working with an estate planning lawyer, you likely are interested in simplifying your affairs, avoiding taxes, and preserving your assets for your heirs. In many cases, your goal is to ensure your loved ones avoid the expense and time involved in probate proceedings after you pass away. A Florida estate planning lawyer from Kramer […]
Estate Planning Options When You Have a Loved One with Special Needs
An estate plan can contain many documents, depending on your needs. When you have a child or another close family member with special needs, you may need to add some unique documents to your estate plan. These documents may be necessary to ensure that you can ensure financial care for your loved one in the […]