Any asset owned by a decedent is subject to probate in Florida. The exception to this rule is property that had a named beneficiary or rights of survivorship. Examples of property that may have a named beneficiary would be a life insurance payout, a retirement...
Probate, also referred to “estate administration,” is a court process that transfers assets owned by a deceased person to living people. When someone dies in Florida the property they own is passed to their family or, if they have a will, to the beneficiaries named...
Protect your net worth using insurance and estate planning. Use the link below to schedule an estate planning consultation:>https://bit.ly/GenesisEPConsult<...
If you get sick tomorrow, and are unable to make your own medical decisions, would you want a stranger making those decisions for you? Do you have a specific person you would like to designate as being in charge of your care? How do you...
Do you have enough property insurance coverage? In the event of a total loss, the insurance company will pay out the replacement value of the property. What happens if you don't have sufficient coverage? The replacement value check will be less than the actual replacement...
Do you know the difference between an estate plan and a will? SCHEDULE YOUR ESTATE PLANNING CONSULTATION: https://bit.ly/GenesisEPConsult ...
Do you have minor children? Who would take care of them if catastrophe struck tomorrow? Did you know that godparents do not automatically have guardianship rights? You can designate a guardian for your children, in advance, by including a provision in your will. SCHEDULE YOUR ESTATE...
An Irrevocable Life Insurance Trust (ILIT) is a trust that is created for the purpose of owning a life insurance policy. You can transfer ownership of an existing policy, or the trust can purchase a new policy directly. ILITs are a great tool for minimizing...
There are quite a few myths about estate planning. I will debunk the following four: - Estate Planning is for rich people - I’m too young for estate planning - You have to leave everything to your children - You have to treat all of your...
A Special Needs, or Supplemental Needs Trust can be instrumental in estate planning if you would like to provide funds for a loved one with special needs. SCHEDULE YOUR ESTATE PLANNING CONSULTATION: https://bit.ly/GenesisEPConsult ...