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estate planning Archives

Specific blended family estate planning concerns

If you are one of the many people in Florida looking to get married for a second or even third time, you will likely have different things to take care of before you say, "I do". One of these is updating your estate plan. The choices you make when deciding how you want your assets handled after you die are quite possibly different now than they were when you got married for the first time, especially if either you or your future new spouse has children from prior marriages.

Will you have to pay the estate tax?

Ask anyone in Hernando County what inevitabilities there are in life, and you will likely get the same two answers every time: Death and taxes. Sadly, those two things are often linked. You work your entire life in order to accumulate assets that you one day hope to pass on to your surviving spouse and/or children. Imagine having to dedicate a significant portion of those assets to paying a hefty tax bill. Having to do so may result in there being much less than you were anticipating being able to leave to your beneficiaries. 

3 reasons to consider a living will

No one wants to spend much time thinking about the end of his or her life, but you should seriously consider getting a living will. A living will can lay out your medical wishes if you get sick or in an accident that leaves you in a vegetative state. For example, it can specify whether you want your family to keep you alive via artificial respiration or not.

Florida estate planning: a complex and wide-ranging universe

A truly accurate depiction of estate planning for individuals and families necessarily conveys the point that estate administration is centrally about preservation, which is a reality that we stress on our legal website at the Hernando County Day Law Firm in Spring Hill.

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Day Law Your Hometown Attorneys

4108 Deltona Boulevard
Spring Hill, FL 34606

Toll Free: 888-326-9553
Phone: 352-200-2382
Fax: 352-684-4529
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