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.
Conventional estate planning addresses a wide variety of assets, including real and personal property as well as tangible and intangible assets. In today’s electronic age, however, there is yet another type of asset that needs to be included in your estate plan – digital assets. In fact, digital assets may make up a significant percentage [ ] The post Vero Beach Estate Planning Lawyers Discuss Your Digital Assets appeared first on Kulas Law Group.
When you think about important decisions you will need to make when creating your estate plan, you likely focus on decisions related to the distribution of your estate assets. While there is no doubt that deciding who will receive your assets, and how much each beneficiary will receive are important decisions, there are other equally [ ] The post Vero Beach Estate Planning Lawyers Help You Choose Your Fiduciaries appeared first on Kulas Law Group.
Estate planning is something that everyone needs to engage in, yet most people know very little about. This goes a long way in explaining why over half of all Americans do not have an estate plan in place despite acknowledging that they are aware of the need to have one. Although basic estate planning concepts [ ] The post How Do Estate Planning Lawyers Decide What Components Go Into a Plan? appeared first on Kulas Law Group.
If you are faced with the prospect of putting a parent, or other elderly loved one, in a nursing home, you are probably concerned about the care the facility will provide. Sadly, with nursing home abuse and neglect occurring far too often in the United States, your concerns are justified. Taking the time to do [ ] The post Vero Beach Nursing Home Lawyers Discuss Signs of Abuse appeared first on Kulas Law Group.
Like many people, you may equate the concept of estate planning with creating a plan for the distribution of your estate assets after your death to ensure that loved ones are provided for in when you are gone. This is certainly understandable as that is one of the primary functions of the average estate plan. [ ] The post Vero Beach Living Trust Lawyers How a Living Trust Can Help with Incapacity Planning appeared first on Kulas Law Group.
If you are new to the concept of estate planning, you may be feeling a little intimidated at the prospect of sitting down and creating an estate plan. You may also have a number of questions related to estate planning that you need to be answered before you get started with your own plan. The [ ] The post Vero Beach Estate Planning Lawyers Answer 5 Top Questions appeared first on Kulas Law Group.