Even if you lack the pre-existing conditions that would make COVID-19 instantly deadly, this is still a good time to accept the fact that nothing is guaranteed and you need estate planning documents in Miami, FL. Families with incapacitated loved ones face further confusion when no one is appointed to make medical decisions on your behalf, or even access your bank account to pay utility bills. You can reduce stress and infighting in your family with the right estate plan in place. Here are five documents you need today: Healthcare power of attorney: If disease or injury results in incapacitation... View Article
As we age, it becomes more difficult to handle our everyday duties, let alone more complex things like managing assets and our own medical care. Cognitive decline isn’t the only time you’d need someone else to step in and care for you—even young people should have powers of attorney in Miami, FL to ensure their affairs are handled in a way of which they approve. There are seven different powers of attorney you can assign. This overview will introduce you to the possibilities so that you can meet with your estate planning attorney and determine which one is right for... View Article
Estate planning involves a lot of different relationships and documents, all carefully chosen to ensure that you and your beneficiaries receive the maximum amount of benefits with the least amount of hassle and tax liability. One of these types of legal relationships is called a trust. What exactly is a trust, and should you ask your estates and trusts attorney in Miami, FL to set one up for you? Read on to learn more. How a trust works A trust is a relationship between at least three people: first, the trustor, who wants to give property or money to a... View Article
As COVID-19 spreads across the world, mortality is on many people’s minds—and so should the important task of estate planning in Miami, FL. No one wants to consider the inevitability of death, but as unpleasant as it may be, setting up your estate is a kindness to those who survive you. After all, there are certainly people who will grieve your passing, and the last thing they’ll want to have to do is determine how to handle your affairs on their own. Why now is a good time to plan your estate There’s never a bad time to create an... View Article
If you have a business, the type of business it is offers certain legal protections, tax benefits and other advantages. Choosing the right type among the various business entities in Miami, FL can offer you significant benefits, depending on your goals. Anyone can start a business as a sole proprietor, but for certain types of business entities, you’ll need to register with a state agency, usually the Secretary of State. Business entities don’t need to have a bunch of employees, either—if you’re worried that your company is too small to be a corporation, you might be surprised to learn that... View Article
