Articles and practical guidance on Florida estate planning, including wills, trusts, powers of attorney, health care directives, incapacity planning, and related topics.
Signing a revocable trust does not automatically place assets into it. If ownership and beneficiary arrangements are never coordinated with the trust, the family may still face probate and an administration very different from what the client intended.
Florida homestead can often be titled in a revocable trust, but the decision should account for constitutional homestead protections, devise restrictions, creditor issues, property-tax treatment, and how the trust is drafted.
A business owner’s succession plan has to answer more than who inherits the ownership interest. Control, management, buy-sell terms, liquidity, estate planning, and the transition period all have to work together.
A spouse, child, or trusted relative does not automatically have authority to manage another adult’s financial affairs. A Florida durable power of attorney can become a critical part of an incapacity plan—but what the document actually authorizes matters.
A Last Will and Testament is an important part of an estate plan, but a will alone may not address incapacity, probate, beneficiary designations, or other important planning considerations.
