Do you know what an estate plan is? Have you ever made an estate plan? If not, then you, at the very least, should understand that an estate plan is legal documentation of your last wishes. But, what are your last wishes? An estate
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How is alimony determined in Florida?
The primary purpose of alimony is to ensure that the lower or non-wage-earning party maintains a decent living standard after the divorce. In other words, spousal support is meant to create fairness for the dependent spouse at the end of the marriage. Unlike other
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I’m behind on child support. What should I do?
When you become a parent, you are responsible for caring and providing for your child until they can become old or independent enough to fend for themselves. And most parents live up to this obligation. However, when a relationship ends in a divorce or
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Digital assets: Is it time to update your estate plan?
Would you like to go paperless? When performing tasks online, this is a routine question, which allows people to opt out of receiving paper copies of important information, such as bank statements and medical bills. As more people are enjoying the ease of online
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Are you single or do not have children? You still need an estate plan
You may think that the main purpose of estate planning is to help provide for your children or spouse after your death. However, what if you are not married or do not have children? Nowadays with smaller families the norm, many couples are choosing
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How will my assets be distributed after my death?
People who are unfamiliar with how estates are distributed after death often assume that the will controls everything. However, this is not correct. In reality, there are two types of assets in estates-probate and non-probate. Each asset class is distributed differently after death. Because
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voiding Medicaid asset recovery with estate planning
With Americans living longer than ever before, more and more will eventually need long-term and nursing home care. Although it is easy to assume that Medicaid will be there to help pay for it, in order to qualify for Medicaid, you must meet rather
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The importance of the estate executo
In the midst of mourning the death of a close friend or loved one, some people may be called on to act as the executor of the deceased person’s estate. When creating a will, people in Florida will often name the beneficiaries who they
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Top questions that need to be asked during will creation
Creating a will is not a popular pastime in Florida. In fact, 40 percent of Americans over the age of 45 have not created this important piece of estate planning according to AARP. Most people avoid this task because it reminds them of their
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5 events that should prompt you to update your estate plan
If you have a will in place, you are already ahead of the game. According to a report from the American Association of Retired Persons, only about four in 10 adults in America have established either a will or a living trust. That means
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