The other day, I wrote an article on the pitfalls of using a Free Florida Durable Power of Attorney. I have been thinking of a way to provide a good power of attorney for my readers. I have been unable to come up with a generic form that I feel…
Articles Posted in Living Will
Britney Spears Not Competent Enough to Hire Lawyer
Britney’s dad had was appointed as conservator of her person and co-conservator of her estate, which means her dad is now in control of what Britney can do, who she can see, and he’s controlling all access to her bank accounts and credit cards. Over the weekend, Britney attempted to…
Class Action Suit Against Living Trust Sellers
A number of Texarkana residents have filed suit against sellers of living trust documents in a class action accusing the salesmen of exploiting senior citizens. This is similar to what I reported happening in California in December. A Plaintiff says he purchased a living trust after attending a lunch presentation…
Leaving IRA Money to a Minor
Fox Business has an article on A New and Smart Way to Leave Your IRA to a Minor where they discuss the importance of reviewing beneficiaries on all acounts including insurance, annuities, and retirement plans. They discuss leaving a percentage of the account rather than a dollar amount as this…
Florida Powers of Attorney (Part 5 HEALTH CARE AND THE POWER OF ATTORNEY)
What is the relationship between a Declaration of Living Will and Power of Attorney? A declaration of living will specifies a person’s wishes as to the provision or termination of medical procedures when the person is diagnosed with a terminal condition, has an end-stage condition, or is in a persistent…
Reducing Estate Taxes with a Family Limited Parnerships in Florida
Stephanie Loomis-Price has recently published her articles entitled Family Limited Partnerships. In her article, Stephanie offers a detailed outline of the Family Limited Partnership – from consideration of the FLP as an appropriate estate planning tool, through the formation of the partnership, concluding with the administration of the partnership and…
Estate Planing is Not a One Time Event
When was the last time you sat down with someone to review your Floria trust, Florida will, Florida power of attorney, health care directive, and other documents intended to make sure that your assets will be managed and distributed according to your wishes? If it has been longer than a…
Discussing Your Estate Planning With Your Children.
Leanna Hamill with the Massachusetts Estate Planning and Elder Law Blog wrote an article on Estate Planning titled Should You Discuss Your Plans with Your Children? In the article she discusses the fact that clients often wonder if they should share their estate plans with their children. In giving her…
FLORIDA ESTATE PLANNING AND THE RECENTLY DIVORCED CLIENT
Wills •A new Florida will is almost always advisable for the divorced client, especially if there are minor children. •Florida Statute section 732.507 generally provides that after the dissolution the provisions for the former spouse in the will are treated as if the former spouse died at the time of…
Florida Domestic Partners Estate Planning: More important than you would think
In Florida Domestic Partners need the help of a Florida Estate Planning Lawyer to handle their complex situations. Domestic partners are considered any two people no mater what sex who live together and what each other to benefit in the event of the subsequent death of the other. Without a…