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Category Archives: Estate Planning

LongTermPlan

5 Mistakes to Avoid with Your Florida Estate Planning

By Larry E. Bray, P.A. |

It probably comes as no surprise that the biggest mistake you can make with estate planning is to not have an estate plan at all. However, other mistakes might not be so obvious, especially if you don’t have a background in estate planning. This is why it’s so important to meet with a skilled… Read More »

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Legal13

How Do Digital Assets Figure in Your Florida Estate Plan?

By Larry E. Bray, P.A. |

Estate planning has changed over the years, especially because digital assets are now a part of most people’s lives. Digital assets are electronic records that you have an interest in or a right to. The term can refer to an underlying asset as well, provided it’s an electronic record of some type. One of… Read More »

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Taxes2

Florida Estate Planning Methods for Reducing Your Estate Taxes

By Larry E. Bray, P.A. |

Estate tax is something that is commonly discussed in regard to Florida estate planning, but the fact is — estate tax is something only a limited number of people have to deal with. Estate tax laws are imposed by the federal government and only affect those parties with sizable estates. Currently, the exemption value… Read More »

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EstPlan4

What a Trust Can Do that Your Florida Will Cannot

By Larry E. Bray, P.A. |

When it comes to creating a Florida estate plan, two of the most useful tools are the will and the trust. Both of these can help you pass property and assets to your loved ones after your death. However, they are not exactly the same. If you are trying to choose between a will… Read More »

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BlendedFam

Florida Estate Planning for Blended Families

By Larry E. Bray, P.A. |

The blended family is becoming a more common situation as people remarry and have spouses with children from prior relationships. This can be slightly more complex when it comes to estate planning. If you have a blended family, you may find it beneficial to speak with a knowledgeable West Palm Beach estate planning attorney… Read More »

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Checklist

Importance of Having a Florida Estate Planning Checklist

By Larry E. Bray, P.A. |

Everyone needs an estate plan, even if you don’t have a lot of assets. This is also the case if you are young or don’t have any immediate family members. Estate planning is not just for your assets when you pass away. It can also help in the event that you become incapacitated and… Read More »

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ElderPlan

What are the Most Important Aspects of Your West Palm Beach Estate Plan?

By Larry E. Bray, P.A. |

Developing an estate plan is important. However, developing the wrong estate plan, or an incomplete one, doesn’t end up helping you as much you intended. Think about it — you spent your life building up your estate, ensuring you are investing in the right funds, and planning for your succession. But, you failed to… Read More »

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EPlan2

Types of Trusts to Consider for Your Boca Raton Estate Plan

By Larry E. Bray, P.A. |

Trusts are an integral part of a Boca Raton estate plan, but not all trusts are created equal. Depending on your particular estate, what works for you may not work for someone else. This is why you should meet with an experienced West Palm Beach estate planning attorney. Your attorney can explain the benefits… Read More »

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Trusts

Can You Contest a Florida Trust?

By Larry E. Bray, P.A. |

While it’s relatively common to contest a will in Florida, a trust may also be contested in select scenarios. In the event you are successful in contesting the trust in question, it could result in the need to modify the trust or even terminate it in some cases. Just as you shouldn’t attempt to… Read More »

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estate planning

Dealing with Mental Capacity Issues in Florida Estate Planning

By Larry E. Bray, P.A. |

In order to execute a valid last will and testament, someone has to have what’s known as mental capacity. If there is a question as to whether the will creator, known as the testator, was or was not competent at the time, the will could be challenged in probate. Mental capacity can encompass a… Read More »

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