Summary Many people think having a will keeps their family out of probate, but that’s not how it works in Florida. A will must still go through probate—it simply provides instructions to the court. Without proper planning, families often face delays, costs, and stress during an already difficult time. Tools like trusts, beneficiary designations, and […]
Tag: blended family estate planning
Second Marriage Estate Planning Trap: When Federal Law Overrides Your Beneficiary Designation
Summary Federal law may require a 401(k) to pass to a spouse even if children are named as beneficiaries. This article explains how ERISA rules can override beneficiary designations and why blended families should carefully review retirement account planning. One issue that often surprises families involves retirement accounts, particularly 401(k) plans. A recent situation that […]
A Simple Florida Estate Planning Checklist for 2026: Don’t Lose Your Legacy
SummaryEstate planning in Florida is more than simply having a will—it requires a complete and properly structured plan that reflects current laws and life changes. This 2026 Florida Estate Planning Checklist highlights the key components every plan should include, such as a valid will, properly funded trusts, updated powers of attorney, healthcare directives, correct beneficiary […]
Lady Bird Deeds in Florida vs. Trusts: Plain-English Guide
SummaryLady Bird deeds (enhanced life estate deeds) are a common Florida estate planning tool that allow a homeowner to retain full control of their property during life while automatically transferring it to designated beneficiaries at death, often avoiding probate. However, these deeds must be carefully drafted to include enhanced powers, or they may unintentionally create […]