Florida Elder Law & Estate Planning Blog

FDIC Rules for Trust Accounts Change in 2024, Typical Depositor Unaffected
April 21, 2022

The Federal Deposit Insurance Corporation is changing its policy for trust accounts effective April 1, 2024.  If you are a typical depositor, you should experience no change in coverage and will not need to take any action, says the agency….

Robert Morin
Should your gifts to your heirs have strings attached?
October 17, 2016

The story of Robert Morin will resonate with you if you’re mulling over the most effective way to leave assets to your loved ones (or organizations) in your estate plan. A University of New Hampshire alumnus who worked as a…

Getting remarried? Be sure to protect your children from your prior marriage
March 21, 2016

If you’re remarrying later in life, you may gain more than a new spouse. You may also gain a new, bigger family: your spouse’s children. You may have your own grown children, too. Hopefully, everyone will get along beautifully. But…

Can you disinherit an adult child?.
February 18, 2013

Not all parents enjoy a warm relationship with all their children. I’ve met with many parents – some pained, some resigned, others angry – who have been estranged from their children for years. They may have tried reaching out and been…

How to coordinate your life insurance with your estate plan
How to coordinate your life insurance with your estate plan
May 15, 2012

Life insurance can be a powerful tool in your estate plan. It can provide financial support for your spouse or heirs when you’re gone. If your estate is taxable, life insurance may be used to pay estate taxes and other expenses. As with…

“The Descendants” shows challenges for trustees
November 28, 2011

The just-released film “The Descendants” has an estate planning subplot that masterfully portrays how difficult it can be to satisfy all family members when an estate planning pie must be divided and distributed. Matt King, played by George Clooney, is…

Ambiguity turns estate plans into a mess
October 18, 2010

You can learn a lot about estate planning from celebrities. Even if you’re not into Hollywood gossip or have millions yourself, it’s undeniable that the mistakes of the rich and famous can help us learn what to do… and what…

Pet trusts provide peace of mind
June 18, 2010

The late Gail Posner bequeathed $11 million to her beloved chihuahua, Conchita. Her son got a relatively paltry $1 million. As you can guess, he is now suing his mother’s estate, claiming that she was pressured by her staff to change…