Day Law Your Hometown Attorneys

Toll Free: 888-326-9553

Phone: 352-200-2382

contact Menu

Posts tagged "Estate Planning"

What are the required components of a will?

Having a will allows you to dictate what you want to happen with your personal property and assets after your death. It also allows you to manage care for pets and minor children. Creating a will in Florida is not too difficult. However, you must ensure that any will you create meets legal standards. Otherwise, it may not be upheld after your death.

Paying your personal representative

Many from Hernando County often come to us here at The Day Law Office with a wealth of questions about everything they will be asking those that they choose as their personal representatives to do. With the awesome responsibility that a personal representative assumes also comes the question of his or her compensation. If you are concerned that you will asking your personal representative to handle way too much for far too little of a reward, you will be pleased to know that he or she can be compensated for everything he or she does. The question then becomes which is the best way to do it? 

What about your kids?

It is easy to fall into the trap of thinking that estate planning on applies to how your assets and property will be dispersed amongst your beneficiaries in Hernando County once you are gone. In reality, there are many more facets to it that you need to consider (especially if you have young children). Perhaps even more important than specifying how your assets will benefit your children is designated who should be responsible for them should both you and your spouse die. 

How can I create a living will?

Among other estate planning documents, living wills are essential. Whereas a conventional will dictates what you’d like done with your assets and property, a living will specifies what kind of end-of-life care you would prefer. The Mayo Clinic explains what living wills can do and why they are so important in the estate planning process.

Defining the different types of power of attorney

Few people i Hernando County want to think about dying, yet even fewer likely want to consider what might happen should they become incapacitated. Not having any written documentation stipulating who one wants to endow with decision-making privileges should he or she ever lose the power to do so can be just as risky as dying without a will, except that in the former scenario, there are no laws in place to help make up for one's lack of planning. 

Important estate planning steps for new parents

If you are among the many new parents across Florida, you may find that sleeping schedules, feeding schedules and exhaustion now dominate your day-to-day life. Given all you have going on, it can be easy to let something like estate planning fall to the wayside, but once you become a parent, it becomes even more important that you have your ducks in a row with regard to future plans. At the Day Law Office, we understand the unique estate planning needs faced by new parents, and we have helped many clients in similar positions begin to formulate plans for the future.

Estate planning is not a one-time event

As the first month of the new calendar year has now passed, many people are turning their attention to the upcoming tax season. However, Florida residents could also take the chance at this time of year to review their larger financial picture. Instead of focusing only on last year's taxes, now is a great time for you to look ahead and how you might develop or change your estate plan to put you and your heirs in a better financial situation.

People need to alter their wills after a divorce

A divorce equals a lot of changes coming into your life. You and your spouse should have created wills after marriage, and upon a divorce, the two of you also need to make sure your wills receive updates. The state of Florida does help a bit with this. In 2012, the state passed legislation automatically revoking beneficiary designations in people's wills in the event of a divorce. 

Email Us For a Response

Let Us Hear From You We're Ready To Listen

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

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
Spring Hill Law Office Map