How Are a Revocable Trust and Summary Administration Related?
Losing a loved one is a distressing, emotional event in and of itself. Having to handle all of the logistics surrounding the death of a loved one can be even more jarring. When it comes to the probate of a will, and the probate court proceeding, the level of frustration with the process may end up compounding the negative feelings [...]
Can You Entirely Disinherit Someone? Not Always
Family dynamics are always complicated. It is safe to say that since the beginning of time there have been conflicts, sides taken, and bad blood when it comes to family relations. Indeed, family conflict is the subject of most, if not all, of the movies and TV shows we consume all the time.
How Does an Estate Deal with Bills and Taxes?
Do you ever wonder what happens to all of your bills when you pass away? What about your taxes? Do you still owe the government after you die? As experienced probate attorneys, we at Doane & Doane have heard it all when it comes to client questions and stories about what happens to an estate after someone passes away.
What Is An Incentive Trust?
Financial mogul Warren Buffet once said about leaving an inheritance to children that the perfect inheritance is “enough money so that they feel that they could do anything, but not so much that they could do nothing.” Finding what is the “perfect inheritance” is a tough needle to thread.
Why Not Make Tuition Costs a Part of Your Advanced Estate Planning?
You want to make sure that your estate is planned to maximize the benefit to your family and other beneficiaries. You want to make sure that all your hard-earned dollars don’t go to Uncle Sam in taxes. How do you do that? You do that by making sure you have done some planning ahead of time. That means working with [...]
What are the Top 8 Tax Planning Strategies?
Did you know what one of the most efficient things a government can do to persuade its citizens to make a particular choice? It can make tax policy. Indeed, people in significant numbers are influenced by a government’s tax policy, and will make certain economic choices based on the current tax policy.
Answers to the 5 Top Questions about Advance Directives
Every person has the right to make his or her own decisions about his or her medical care, including the right to refuse medical treatment. Florida law protects that right, and you can ensure that your wishes are expressed by drafting and executing a health care Advance Directive so you can exercise that fundamental right.
Can an Irrevocable Trust Be Amended? Here Are The 5 Ways
Irrevocable trusts are just that – irrevocable. Therefore, when asking the question “can an irrevocable trust be amended?” the answer is usually “no” you normally cannot revoke or amend them. However, the old adage “nothing in life is ever permanent” applies, provided you know a little about trusts in general, and irrevocable trusts specifically.
The Top 10 “Estate Tune Up” Ideas
You have already written down, and likely forgotten, your New Year’s resolutions at this point in the year. It’s the Summer and you are likely either enjoying a relaxing vacation, or gearing up for that big annual vacation. Or . . . you may be too worried about your finances to even splurge for a vacation because you want to [...]
To Will or Not to Will? The Primary Probate Question
Because we are top probate attorneys in West Palm Beach at Doane & Doane, we get a lot of client questions regarding probate. Of all the questions that clients ask, however, the Number One question is the age-old query – “What happens if someone dies without a will?”