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Filtering by Category: Estate Planning
We had some fun with technical problems. This was recorded in August 2023 when Hurricane Idalia was approaching Florida. The weather caused some connect problems, but we got through it.
Topics include:
You Never Know When Something Might Happen
Estate Planning for Our Pets
What does “estate” mean?
Topics include:
What is a Last Will and Testament?
Best Way to Provide for a Minor Child
Do it Yourself?
Living Wills
Topics include:
Trust or Will?
What does a trustee do?
Contesting a Will
Do-it-Yourself Documents – Tempting and Risky
There are ways to handle loaning money that prevent confusion about the state of any loans when someone dies.
Some families consider legal counsel once their kids turn 18 years old. Linda Hurtado of Fox 13 Tampa Bay asked Debbie London Baker about what happens when children turn 18 and why they need powers of attorney or HIPAA releases.
It’s hard to imagine the problems that arise when someone dies and doesn’t have a will. The state gets to decide how assets get distributed – many times in ways the person would never have wanted. Interestingly, people who’ve avoided creating a plan will do so when someone they love passes and the person is embroiled in the consequences.
The hardest and possibly best thing you may ever need to do for your parents is plan for the possibility of their losing capacity – so you can act rather than panic.
A family that decided to ask and have their new 18 year-olds to execute documents for the peace of mind it brings everyone.
As hard as it is to believe, 18-year-olds are legal adults. How you interact as a parent with doctors, schools and banks changes dramatically at one second after midnight on that 18th birthday.
We’ve talked about this before. It’s worth reiterating the importance of doing this, it’ll save your family grief that you wouldn’t choose them to experience.