For most people, a Last Will and Testament serves as the foundation for their initial estate plan. If you are just now getting around to creating and executing your first Will, you undoubtedly have a number of important decisions to make during the creation of that Will. Naturally, you will be focusing on the distribution [ ] The post Port St. Lucie Estate Planning Attorneys Explain the Importance of Choosing the Right Executor appeared first on Kulas Law Group.
Hopefully, you are aware of the need to have a comprehensive estate plan in place. That plan, however, should accomplish more than just directing the distribution of your estate assets after you are gone. In order for you to have any assets left to distribute, for example, you must protect the assets you acquire over [ ] The post Why Would I Need an Asset Protection Lawyer? appeared first on Kulas Law Group.
Estate planning in the 21st century can be a complex, and complicated, endeavor. Often, the reason for the increased complexity of proper estate planning is due to the fact that divorce and remarriage are commonplace. Consequently, it is often necessary to protect and provide for a current spouse as well as for children from a [ ] The post Port St. Lucie Asset Protection Lawyer Urges Parents to Protect Children from a Previous Marriage appeared first on Kulas Law Group.
By its very nature, estate planning requires you to contemplate possibilities and eventualities that you probably prefer not to dwell on. At the heart of most estate plans, after all, is a plan for the distribution of estate assets after the death of the plan’s creator. If you are married, one of your [ ] The post Estate Planning Lawyers Explain How to Protect Your Estate in Case Your Surviving Spouse Remarries appeared first on Kulas Law Group.
You have undoubtedly heard the warning “read the fine print” when signing contracts of all types; however, for the loved one of elderly individuals in need of nursing home care – often in a time sensitive context – the last thing they have time to do is sit down and read through pages and pages [ ] The post Lawmakers Push for Legislation Giving Residents the Right to Sue Nursing Home appeared first on Kulas Law Group.
Were you recently notified that a family member or close friend named you as the Trustee of a trust? If so, and this is the first time you have served as a Trustee, you are probably feeling a little confused and somewhat intimidated by the prospect of administering the trust. While these feelings and concerns [ ] The post Do I Need a Trust Administration Lawyer? appeared first on Kulas Law Group.
Creating a comprehensive estate plan typically involves choosing a variety of different, yet inter-related, estate planning tools that help achieve the various estate planning goals. One of the most common of those tools is a trust. Though once used almost exclusively by wealthy families to pass down the family fortune without incurring a transfer tax, [ ] The post Can Trust Lawyers Act as My Trustee? appeared first on Kulas Law Group.