A prenuptial agreement is a legal document that many couples sign prior to getting married. There's also the option of creating a postnuptial agreement. Both of these documents protect the couple should the marriage end in divorce. Today, we will explore the benefits of a prenuptial agreement to the estate plan that you create with your spouse.
Having children is a blessing. It can also be a challenge, especially when they reach the age of adulthood. Why? For starters, talking to your adult children about the inevitable can be very difficult, but it is very necessary. Below, you will find some tips for preparing your adult children for the inevitable, which includes your death and the reading of your will.
One thing that Florida residents tend to forget about as they engage in estate planning is their debts. Most people focus on what happens to their assets upon death, but addressing any debts left behind is an integral part of the estate administration and probate process.
If you are getting ready to sit down with your attorney to create an estate plan, one of the trusts you need to have an understanding of is the inter vivos trust. This trust is created by the trustor when putting together the estate plan. An alternate name for this trust is living trust, and it can be active for a specific period based on the wishes of the trustor.
If you are ever named a guardian of a minor or you need to set up guardianship for your minor child, you should know some of the most basic information about this legal position. Today, we will answer some frequently asked questions about guardians.
There are all kinds of ways that you -- or, rather, your estate -- could end up being sued after your death. You could leave behind a major hospital bill, owe a big personal loan that never got paid back or even cause an accident just before you died.
Have you created a will yet? If not, what are you waiting for? This is one of the most important documents you can have to your name in your life. Why? A will protects you, your spouse, your children, your grandchildren, your assets and anything else you'd like to include. Today, we will look at some common myths about creating a will.