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Category Archives: Estate Planning

EPlan1

Most Important Estate Documents You Need in Florida

By Larry E. Bray, P.A. |

When you are starting your estate plan, it can seem overwhelming. Don’t let that fear keep you from protecting your assets and determining how you want them distributed upon your death. When you understand what documents you need, it can make the process much easier. Also, hiring a West Palm Beach estate planning attorney… Read More »

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Trustee

Advantages of a Florida Trust Over a Will

By Larry E. Bray, P.A. |

Many people opt to use a trust over a will as the central part of their estate planning. Both trusts and wills have their own purpose and can serve an important role in your Florida estate plan. If you are trying to decide whether a trust or a will is best for your individual… Read More »

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Florida Estate Planning During a Global Pandemic

By Larry E. Bray, P.A. |

The current situation with COVID-19 has left many Florida residents realizing that it’s more important than ever to ensure they have an estate plan in place. However, how do you go about estate planning in the current climate? No matter whether there’s a global health crisis or not, it’s crucial to get an estate… Read More »

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EstatePlanning4

What is a Pour-Over Will and Does My Florida Estate Need One?

By Larry E. Bray, P.A. |

Pour-over wills are not the same thing as a standard last will and testament. They are used to transfer assets into a trust upon your death. A pour-over will must be adequately prepared for it to work as intended. If you want to know more about setting up a trust and a pour-over will,… Read More »

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Why You Need to Update Your Florida Estate Plan After You Get Divorced

By Larry E. Bray, P.A. |

When some people create their estate plan, they do not realize that this is not something they can just create and forget about. In fact, you should be reviewing your estate plan on a regular basis. Whether it’s every important life event that triggers you to look at it, or whether you automatically review… Read More »

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EstPl

Why Having a Comprehensive Florida Estate Plan is More Important Than Ever

By Larry E. Bray, P.A. |

When 2020 rolled around, no one could have predicted that there would be a global pandemic and that the world would effectively be in a shutdown. Getting sick while this current health crisis is going on can be a terrifying thought. With health professionals stretched thin and visitors not allowed in most hospitals and… Read More »

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EstatePlanning2

Is There a Difference Between a Healthcare Surrogate and a Power of Attorney in Florida?

By Larry E. Bray, P.A. |

There are a lot of documents you need to consider as part of your Florida estate plan. Two of these are the power of attorney and a healthcare surrogate. Some people assume these are one and the same. While somewhat similar, they have some distinct differences and usually serve different purposes. When you meet… Read More »

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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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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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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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