Trusts & Estates
How Do I Become Legal Guardian of My Parent?
What is Considered a Legal Guardian? A legal guardian is an individual who has been appointed by a court to
Eric Gros-Dubois
May 8, 2020
Trusts & Estates
Estate Planning
HBO®’s “Succession” The Importance of Succession Planning as Part of Your Estate Plan
While the show is fictional, the reality is that succession planning is an important aspect of estate planning that should be fully integrated into your plan, especially for business owners. A solid estate plan not only provides for the disposition of your assets upon your passing but also plans for someone to take your place (a successor) when you are no longer able to perform your responsibilities due to incapacity or death.
Kathrine Karimi
April 24, 2020
Estate Planning
What is a Miller Trust?
Miller Trust is a special kind of trust that adjusts the income of a person downward, usually in an effort to maintain the individual’s eligibility for some forms of government benefit programs. This type of trust is often used to establish eligibility for the Medicaid program.
Kathrine Karimi
April 24, 2020
Estate Planning
How Can I Cancel a Power of Attorney?
Powers of attorney vary in the extent of powers granted. A special power of attorney may specify certain powers that would be granted to the agent.
Eric Gros-Dubois
April 14, 2020
Estate Planning
Can you Revoke or Amend a Trust?
Trusts allow a third party, or trustee, of your choosing, to hold assets on behalf of a beneficiary or beneficiaries. One of the great factors of a trust, is that trusts tend to avoid probate. Probate is the process after a person passes or becomes disabled; their assets are put on hold until the will is validated, any remaining debt is paid off, and the beneficiaries of the will are identified. Probate can be a long and stressful process for your loved ones.
Kathrine Karimi
March 13, 2020
Estate Planning
What is a Trust Amendment?
A trust amendment is a legal document that revises specific provisions of a revocable living trust or an “inter vivos” trust. It is only intended for making changes to specific provisions, while leaving the rest of the document in its original form and other provisions unchanged.
Kathrine Karimi
March 2, 2020
Estate Planning
Signing Your Will Under Seal
Generally speaking, signing under seal makes the contract more formal. “The formality of a promise under seal is an efficient, trustworthy method of channeling a person’s deliberate intent to be legally obligated”
Kathrine Karimi
February 18, 2020
Estate Planning
Preserving a Tenancy by the Entirety in your Florida Estate Plan
Traditionally, estate planners have split tenancies by the entirety in order to fund separate trusts for both spouses, with the aim of maximizing estate tax exemptions.
Kathrine Karimi
February 13, 2020
Estate Planning
What are the Consequences of not Having a Will?
What happens if you do not have a will or your will is not valid? In these cases, the state declares the individual to have died “intestate,” and your property follows a chain of succession to determine the owner.
Kathrine Karimi
January 3, 2020
Trusts & Estates
What is a Prenup?
A prenuptial agreement (or a prenup) is an agreement signed before marriage that outlines what happens to each spouse’s financial assets in the event of divorce or death. This protects each spouse’s personal assets that they have inherited from family members, assets they have obtained before marriage, or income they have generated before marriage.
Eric Gros-Dubois
July 3, 2019
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