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Category Archives: Estate Planning

Executor

Own a Florida Business? Make Sure You Name the Right Executor for Your Estate

By Kuhn Law Firm, P.A. |

When you own a business, its debts do not die with you. Instead, they must be addressed as part of the probate administration process. This means that you need to make sure the executor or personal representative named in your will is capable of handling or winding up the affairs of your business–otherwise your… Read More »

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LifeIns

The Impact of Divorce on Your Life Insurance Policy

By Kuhn Law Firm, P.A. |

In a recent post, we discussed the potential impact of a divorce on your estate planning. One issue we raised was the need to review–and possibly revise–the beneficiary designations on assets like retirement accounts and life insurance policies. But there is an important caveat to this advice: You need to ensure any beneficiary designations… Read More »

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Probate3

Can I Sue a Family Member’s Estate in Federal Court?

By Kuhn Law Firm, P.A. |

In the United States there are both federal and state courts. The state courts are generally responsible for estate and probate administration. In other words, when a Florida resident passes away, his or her estate will be administered by a state probate court. But what happens if someone files a lawsuit against the estate… Read More »

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Will6

Is a Will Executed in a Foreign Country Valid in Florida?

By Kuhn Law Firm, P.A. |

Florida is home to immigrants from around the world. However, many people settle in Florida without taking the time to learn about local laws pertaining to subjects such as estate planning. So when they pass away in Florida, these individuals may not have left a will executed under Florida law–although they may have a… Read More »

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BusPlan2

Will My Florida Small Business Die With Me?

By Kuhn Law Firm, P.A. |

Many Florida residents have, or plan to set up, their own small business. There a number of legal challenges every small business owner faces. But one question that many forget to ask until it’s too late is–What happens to the business when I die? The answer to this question greatly depends on how the… Read More »

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EPlan1

How an Irrevocable Trust Can Lead to Litigation

By Kuhn Law Firm, P.A. |

Although many Florida estate planning trusts are revocable by the settlor–i.e., the person making the trust–there are also situations where an irrevocable trust may be used instead. As the name implies, an irrevocable trust cannot simply be amended or ended by the settlor at-will. And in fact, if there are problems with the administration… Read More »

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AssetP3

Does Your Estate Plan Include Your “Digital Assets”?

By Kuhn Law Firm, P.A. |

In a recent post, we noted the passing of Paul G. Allen, one of the co-founders of Microsoft. Allen’s will was recently filed for probate in Washington State, and while it is a largely boilerplate document–he left his estate to his revocable trust–it does contain one notable provision. The will expressly defines Allen’s “digital… Read More »

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EstatePlanning2

How Will My Trust or Estate Know What I Own?

By Kuhn Law Firm, P.A. |

Proper estate planning is not limited to making a will or trust. You also need to make sure the persons charged with administering that will or trust know how to locate all of your assets. At first glance, this might seem like a simple task. But considering how modern technology allows us to maintain… Read More »

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Divorce_woman

Getting a Divorce? You Need to Review Your Estate Plan

By Kuhn Law Firm, P.A. |

Even in the best of cases, a divorce is a difficult process for all of the parties involved. Ending a marriage means unwinding a complex web of financial and legal relationships. And one subject that often gets overlooked in the divorce process is estate planning. Indeed, many people do not even think to review… Read More »

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EstPlan11

What Are the Estate Planning Implications if My Spouse and I Die at the Same Time?

By Kuhn Law Firm, P.A. |

The recent death of former President George H.W. Bush came just seven months after the passing of his wife, former first lady Barbara Bush. It is actually not unusual for longtime spouses to die within months–or even days–of one another. In fact, doctors have even documented broken-heart syndrome, which is a “temporary heart condition… Read More »

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