An estate plan can be useful for anyone who is over the age of 18. Therefore, college students in Florida and throughout the country are encouraged to start building a plan that reflects their current needs. For instance, it may be a good idea for an individual to...
Month: March 2020
Even if families have a will they could use a trust
Families in Florida often believe that if they have a will in place that it is the end of the story as far as the distribution of the estate. However, they are often surprised to find out that probate is still needed. This can be avoided if there is a trust in place...
An AB trust may allow a surviving spouse to use trust property
In most cases involving estate taxation in Florida, the taxes are levied before the assets are passed to the beneficiaries. One way married spouses could avoid some of that tax burden is to establish an AB trust. An AB trust is an estate planning structure whereby a...
Revising and updating your estate plan
If you are concerned about the distribution of your assets in the future, you may have already directed some of your attention to developing an estate plan. Perhaps you have written a will to direct how your property should be distributed after you pass away. However,...
