Category Archives: Asset & Property Distribution
Prince’s Estate Continues to Be Litigated, Eight Years After His Death
Palm Beach County Florida Estate Litigation Law Firm Following Prince’s untimely 2016 death, it was discovered that he had no documented estate plan in place, not even a basic Will. Dying intestate (without a Will) meant that a court had to decide who Prince’s legal heirs were and how his assets were to be… Read More »
How to Avoid Future Inheritance Disputes With Estate Planning Today
Will Contest and Inheritance Litigation Attorneys in Palm Beach County and Martin County FL Back in 1990, fossil hunters discovered what was to be the most intact skeleton of a T-Rex ever found, on land in South Dakota belonging to Maurice and Darlene Williams. After prevailing in several legal disputes, Mr. and Mrs. Williams… Read More »
The Importance of Proper Beneficiary Designations
Estate Planning Attorneys in Palm Beach County and Martin County FL There are advantages and disadvantages to naming beneficiaries on accounts as a part of your comprehensive estate plan: As each person’s estate plan is meant to be highly individualized and comprehensive, it is of vital importance that your documented plan clearly designates beneficiaries… Read More »
Should You Tell Your Beneficiaries What They Will Inherit?
Estate Planning, Will, Trust and Inheritance Attorneys, Palm Beach County and Martin County FL The development of your individual estate plan involves a number of highly personalized and unique decisions. Every adult, regardless of the value of their estate, should carefully consider what their needs and wishes are for distribution of their assets once… Read More »
Aretha Franklin Will Contest Issues Continue
Will Contest, Inheritance Dispute and Estate Litigation Attorneys in Palm Beach County Shortly after her death in 2018, Aretha Franklin’s family members discovered her two handwritten Wills, created in 2010 and 2014, respectively. A legal dispute eventually ensued between three of Aretha’s four sons, as there was disagreement as to which of those Wills… Read More »
Update Your Florida Estate Plan After Divorce
What Happens to an Estate Plan During a Divorce? You don’t have to wait until your divorce is final to take proactive steps to protect your best interests and plan for the future The divorce process is often inherently stressful, both emotionally and financially, for both parties. There are usually many different questions and… Read More »
Asset Planning and Estate Planning: What’s the Difference?
A common mistake people make when discussing asset and estate planning is thinking that comprehensive planning only pertains to high net worth individuals. This is simply not the case. Regardless of whether you are an individual with modest income and a monthly rental, or an executive with an impressive stock portfolio, the bottom line… Read More »
David Bowie to Care for Loved Ones Long After He Is Gone
David Bowie has ensured that his wife and children will be well taken care of after he is gone. Indeed, although the rock star passed away from liver cancer last Sunday, he has left behind £135 million in assets that will keep his family, and likely his family’s families, secure for generations to come…. Read More »
What if I Inherit a Home I Don’t Want?
Our relatives want to leave us the most they can when they pass away, but sometimes, what they have is not that much. Let’s say an elder relative decides to leave you their home, for example, because he or she loves you and it’s the most valuable possession he or she has. However, the… Read More »
How Do Trust Accounts Work?
Florida residents create trusts for a lot of different reasons. Trusts might be created as a part of one’s estate plan to guide and direct the use of your assets long after you have died. Trusts might be used to dispense your money to your heirs after you are gone. Trusts might also be… Read More »