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October 2015 Archives

Are there different kinds of trusts?

A trust is a specific kind of estate planning tool that can complement your will and allow you to control different kinds of property that you may own. A trust allows you to transfer ownership of specific property to another person known as a trustee. The trustee will then supervise the property for a beneficiary who is named in the trust. But is there only one specific type of trust, or are there different kinds of trusts that can be used for different situations?

Advantages of a Florida living will

Last week's blog examined several different types of advanced health directives that are available to the residents of Florida. This week's blog will examine one of those documents in greater detail; the living will. Living wills can be an important component of a well thought out estate plan and can offer peace of mind to the testator.

What advance health directives are available in Florida?

Solid estate planning includes more than just a well written will. It should also include advanced health care directive documents that express the testator's wishes regarding specific health care procedures including when to give or hold back medical treatment. But not all advanced health directives are recognized by every state. So what specific advanced health care directives are recognized by the state of Florida?

Children resolve estate battle with comic legend's widow

Florida residents know that estate planning that explicitly details all the wishes of the testator is one way to prevent a family dispute about the estate assets later on. However, if there are no explicit directions over any of the assets, then arguments from family members can develop and these disagreements can cost time and money. Recently however, a comic legend's family has finally moved beyond their differences with the comedian's wife over some estate assets.

How does a Florida court determine mental incapacity?

Most Florida residents know that once an individual no longer has the physical or mental capacity to think and act independently, a guardian is usually appointed to help that person. However, before a guardian can be appointed, the state of Florida must agree that the person in question is no longer capable of taking care of their own affairs. But how does Florida make this determination?

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