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Posts tagged "Wills"

Getting started with a will

You've never written a will, but one of your adult children recently suggested that you do it. They have children of their own -- your grandchildren -- and they just made an estate plan. They decided they should talk to you about doing your own estate planning.

What is abatement?

When a will is read, the hope is that the estate matches what is listed in the will and that the executor can therefore carry everything out as specified in that will. The unfortunate reality, though, is that this does not always happen. In some cases, the will gives out more assets than the estate actually has.

Discuss your will with your adult children

There will come a time in your life when you should have a difficult discussion with your adult children. That discussion is about what they will do and what they will inherit when you die. No one wants to think about or talk about death, but it is an important discussion you need to have. Your adult children should know about your wishes, your will and how the estate will be divided.

Don't have a will? Neither do most Americans.

There's a curious sort of mindset that people seem to have when thinking about estate planning and drafting a will. On one hand, if asked, they would admit that they need a plan. They know they have assets. They know they have heirs. They know that one day they will pass away and they'll need a plan in place to bring the two together.

What are the best times to update your will?

If you are someone aged 55 to 64 in Florida who has made out a will, you have taken an important step to protect your family from financial hardship in the event of your death. According to Forbes magazine, you are also in the minority; 51% of your peers across the United States do not have a will. 

How do you donate your body to science?

You may have already created a detailed estate plan that indicates what you want to happen to your assets and your property after your death, but have you thought about what will happen to your body? A whole-body donation in Florida is a generous final gift that you can give to help promote the advancement of science, the instruction of medical students and the study of disease. 

What are the requirements for a valid will?

As someone considering how to pass on your assets, it is important to know that certain types of wills are not considered valid in the state of Florida. Today, we will take a look at the steps that you must take in order to ensure that your will is considered valid in the eyes of the law.

A look at the legality of holographic wills

Florida state residents have several options when they are looking into creating a will. However, it should be done with care, because even one mistake could potentially invalidate it. In fact, some types of wills are completely invalid even if done correctly, such as a holographic will.

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