If you are one of the millions of Americans who own a small business, protecting that investment is essential by accounting for all potential events in your estate plan. One of the most important things you can do is to… Read More
Archive for the ‘Estate Planning’ Category
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Should Spouses Have Joint or Separate Trusts?
Trusts are often a good idea if you want to devise a comprehensive, complete, concrete estate plan that provides your family maximum protection. However, when you are married, you sometimes need to look at things differently to ensure you set… Read More
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Estate Plan Tips: Setting Up a Trust Fund for Your Child
Setting up a trust fund for your child can be a significant way to help children when they are adults. However, in order for your trust to be effective, you must be careful and create a trust that prepares for… Read More
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How to Appoint Guardians for Your Children
It is difficult to imagine not being there for your children, but even though it may be hard to think about, selecting a guardian for your children after your death is essential. Appointing a guardian you know and trust is… Read More
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How Do Lady Bird Deeds Impact Taxes?
Lady Bird Deeds are enhanced life estate deeds designed to make property transfer easier in a few states, including Florida. Lady Bird Deeds permit the grantor to live on their property until their death, at which point the property is… Read More
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How Do You Choose a Personal Representative When You Have No Kids?
The personal representative of your estate, also known as the executor, has a significant role to fill. Their job is to administer your estate according to the instructions carefully laid out in your Will. They are responsible for settling any… Read More
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Estate Planning and the Holidays
Spending more time with your family during the holidays means you also have a chance to consider your estate and your family’s future. For some relatives, this may be one of the few times you can see them in person… Read More
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Spendthrift Trusts in Florida: Frequently Asked Questions
A spendthrift trust is an estate planning tool you can use to protect your heirs from creditors and help ensure their financial responsibility. At The Millman Law Group, our attorneys are prepared to help you understand the advantages of spendthrift… Read More
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When Should You Use a Dynasty Trust in Florida?
Estate planning is a complex process, essential for managing your wealth and ensuring that your assets are distributed to the heirs of your choice after your death. Many elements are involved in estate planning, designed to provide the precise protection… Read More
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How Can a Lady Bird Deed Help You Avoid Probate?
When creating your estate plan, many individuals arrange their estate so that their heirs will not have to endure a lengthy, complicated, and expensive probate process. There are many ways your estate planning lawyer can help you avoid probate and… Read More