Florida Wills And Avoiding Mistakes
Making common errors with wills can lead to a long probate process and can risk how and to whom the person’s assets will be distributed. When to write a will is not a matter of how old a person is. It is instead more relevant to what is happening in their lives.
How To Tell If A Florida Will Is Out Of Date
Although estate planning documents may still be valid, they may not meet an individual’s needs beyond a certain date. Those who follow estate planning trends say that if a will was created over 10 to 15 years ago, it may be worthwhile to review and update it. For instance, wills created before April 2003 may […]
Will Planning In Florida Is Important, Even With A Trust In Place
A trust is used to keep assets out of probate once a person dies. This legal document places one’s assets in the control of a specific individual or entity usually chosen by the decedent. Many people in Florida and other states believe that since a trust is supposed to avoid probate, they therefore do not […]
Will Planning Is Important Part Of An Estate Plan In Florida
Human survival instincts make it natural for people to avoid death. However, many people in Florida will avoid even talking about the subject altogether. This can become a problem if it causes people to neglect creating an estate plan. A recent study has revealed that only 35 to 45 percent of people have not done […]