Category: Blog Post

Appropriate trust administration is important when your assets are entwined in a trust and your beneficiaries are dependent on it. Choosing the type of trust and appointing a trustee will be critical. Mistakes can lead to challenges, and that means your intended beneficiaries, like children, may not get what you want them...

A Will must be specific––ambiguity creates space for challenges. Likewise, a Will must be executed properly in Florida, or else it again creates a situation where it can be challenged in probate court. Further, if there is more than one Will because prior Wills were not properly revoked, there again is a...

Your estate plan in Florida can include several documents, many of which may require beneficiaries, like any trusts you may have set up or intend to set up and non-probate assets like 401(k), IRA accounts, life insurance policies, and pensions. Assets from these accounts will go to the beneficiaries upon your death....

A last will and testament is a document you create to instruct how you want your property distributed upon your death. Who gets the house? Who gets which antiques? Who gets a bank account? Who takes care of the pets? These are just some of the questions upon which a will answers...

Revocable trusts, which are sometimes referred to as revocable living trusts, offer many benefits with the primary one being the ability to control your assets during your lifetime. Of course, the other main benefit is the ability to dissolve the trust if and when necessary. There are, of course, other advantages as...

Succession planning in Florida is an often overlooked aspect of business ownership. This is a problem because it creates unnecessary risks. When key employees leave the business for whatever reason, the business can be detrimentally affected and go downhill quickly. But with a succession plan in place, leadership remains intact and harm...

If you have a large estate and want to find a way to benefit it while doing something good, then charitable giving in Florida may be the perfect option. Charitable giving as part of your estate planning is a great way to satisfy the desire to give to a cause you care...

Charitable trusts in Florida are trusts that provide a great way to give back to the community. They are, however, typically irrevocable once created. You must weigh your purpose and needs against the benefits and disadvantages. At ALMA Law, our estate planning attorney in Miami will listen to your...

Trusts are a common tool used in Florida estate plans. Wills are no longer the dominant method to secure property and assets for loved ones. Trusts, in fact, provide a number of benefits to the settlor or trustor – the person who creates the trust – while they are still alive, so...

A DNR order, or a do-not-resuscitate order, is a pre-written healthcare directive made by a patient concerning life-saving medical interventions. As the name implies, DNRs in Florida tell doctors not to resuscitate the patient in certain circumstances – usually if the heart stops. Figuring out if you want a DNR...