Monthly Archives: March 2025
Do My Children Need a Trust Fund in North Palm Beach?
The term “trust fund” often appears in movies and television shows usually in reference to wealthy children with access to their parents’ fortune. If you have been financially successful in life, you might wonder whether you also need a trust fund for your children. How exactly does a trust fund work? Is it the… Read More »
Should I Get a Spousal Lifetime Access Trust?
Spousal Lifetime Access Trusts (SLATs) are popular among residents of Florida. If you’re wondering estate planning advantages are available to married couples, SLATs represent one potential option. But is this strategy really for you? How does a SLAT work, and how might it help you achieve your estate planning goals? These are questions you… Read More »
How Should Families Assess Debt During Probate?
During probate in North Palm Beach, families may have to address numerous concerns. One of the most pressing concerns for families is the assessment of debts left behind by the decedent. In many cases, debt proves to be far more complex than any assets left behind in an estate. These debts may be even… Read More »
Can I Disinherit My Children?
Many parents create their Last Wills and Testaments early – often when their children are still very young. However, times can change – and the child you once knew may not need the inheritance or may no longer seem like someone you want to leave your wealth to. In this situation, you might be… Read More »
Financial Elder Exploitation Is on the Rise in Florida
If you’re worried about your senior loved one falling victim to financial elder exploitation, you have every right to be concerned. Scams, frauds, and swindles are on the rise in Florida and many new victims fall prey every week. Several new senior scams in Palm Beach County highlight just how creative and predatory scam… Read More »
What Are Beneficiary Designations in Florida?
As you explore the various estate planning possibilities, you may come across the concept of a “beneficiary designation.” This can be a confusing concept for many, especially if you’re already familiar with the term “beneficiary” in the context of a Last Will and Testament. However, beneficiary designations and Wills are two separate concepts. When… Read More »
Letters of Instruction: Should I Include One in My Palm Beach County Estate Plan?
If you care about your family’s well-being after you pass, you might want to leave them with more than just assets. You might feel the need to explain your wishes in more detail and perhaps impart some last words of advice or love onto your family members. If this sounds like something you’d like… Read More »
How to Leave Behind Firearms in a Palm Beach County Estate Plan
For many Americans, their firearms represent an important legacy. Many firearms have been held by families for multiple generations, and some are genuine antiques. However, even modern firearms may have special, sentimental value – representing many hours of happy memories. Firearms can be tricky to include in your Palm Beach County estate plan, and… Read More »