by John Richert | Jul 12, 2022 | Estate Planning
One of the questions that we receive regularly is whether it is worthwhile for an estate planning client to create and fund a revocable trust as the primary part of their estate plan. While there are many benefits to a revocable trust, such as avoiding probate, one of...
by Patrick Quarles | Jul 16, 2021 | Estate Planning
A power of attorney is a legal document that gives someone the authority to make legal decisions on someone else’s behalf. A power of attorney creates a principal-agent relationship; the appointed person will act as an agent for the person (principal) who appointed...
by Patrick Quarles | Jun 25, 2021 | Estate Planning, Uncategorized
Incapacity means not having the physical or mental ability to do certain tasks or make important decisions. For example, if you cannot physically go to the bank to do transactions that require you to appear in person, or if you cannot understand the transactions you...
by Patrick Quarles | May 24, 2021 | Estate Planning
Most people assume estate planning is a task you can put off until your later years. However, even the young, healthy, and not so wealthy can benefit from estate planning. Although it may not be crucial for young adults to use every estate planning tool in the book,...
by Patrick Quarles | Apr 19, 2021 | Estate Planning, Uncategorized
Florida Trusts can serve many purposes, but they all have one thing in common: Every trust must have someone named as its trustee. A trustee is someone who is appointed by the settlor (creator of the trust) to have the legal authority to hold and administer the...
by Patrick Quarles | Apr 13, 2021 | Estate Planning, Formal Administration, Probate Administration
When creating a will, the testator (the person who creates the will) names one or more beneficiaries to receive their property upon their death. Beneficiaries are usually assigned with the assumption they will live long enough to obtain the testator’s property;...
