Aug 132015
 
Considering a Do-It-Yourself Will?

When clients visit our office to discuss the prospect of having a will drafted, the topic of online legal services often arise. Clients want to know if the cost savings are worth it. Sure, it costs less to use a document created by a website, but is it truly worth it? The 2014 Florida Supreme Court case, Aldrich v. Basile, provides a cautionary tale. In 2004, Ann Aldrich drafted her will with an “E-Z Legal Form.” After her intended beneficiary predeceased her (and left all of her assets to Ann), she attempted to add an addendum to her will, leaving More…

Jan 042013
 
Does a living trust make sense for me?

Many people think that a trust is only for wealthy people, but it can be a great tool to manage your assets while you are alive, regardless of whether you are wealthy or not. A trust is a private instrument that does not become public record, like a will. That means only the beneficiaries and trustee will know the details of the trust, such as the value, the actual beneficiaries’ names and what the beneficiaries will receive. A trustee has the responsibility of managing the trust, keeping records, filing tax returns and making distributions. You can be your own trustee More…