Estate Planning

Tuesday, December 13, 2016

Three End-of-Life Estate Plan Lessons


What are the top three concerns in planning your estate?

Barron’s recently published an article about three lesser-known aspects of estate planning that go beyond financial and tax matters. Without a doubt, money matters are important to plan out. However, without taking into account some critical health care issues, your careful


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Monday, December 12, 2016

The Most Important Estate Planning Issue Boomers Need to Address


Kelley Long (Forbes.com) published an article entitled, "The Most Important Estate Planning Issue Boomers Need to Address" (May 08, 2016). Provided below is a brief summary of the article from Forbes.
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Tuesday, November 22, 2016

How does estate planning in Florida differ from estate planning in other states?


How does estate planning in Florida differ from estate planning in other states?

With so many people, especially seniors, relocating to Florida to experience the economic and climatic advantages of the Sunshine State, it is important to understand how relocation will impact estate planning, particularly wills. For a certain number of individuals, wills drafted in other states may need to be revised in order to remain valid under Florida's state laws. Whenever you relocate from another state to Florida, it is important to have an


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Tuesday, November 15, 2016

Jose Fernandez's legacy will live on -- in a trust for his unborn daughter


How can you protect your unborn heirs?

Major League Baseball fans, family and friends mourn the loss of Marlin’s Pitcher Jose Fernandez this month. Fernandez was killed when his 32’ fishing boat, Kaught Looking, crashed into a jetty off of Miami beach.

Unlike most people, Fernandez had the luxury of having an agent, Scott Boras, looking out for his interests and the interests of his family in the event that he passed.


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Monday, November 7, 2016

The Cost of an Unprepared Estate


Prince George Citizen has recently published an article entitled, "The Cost of an Unprepared Estate" (Oct 17, 2016). Provided below is a brief summary to the article:

The Cost of an Unprepared Estate

British Columbia has more people turning 50 years old today than at any other time in history.


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Tuesday, October 18, 2016

Common Estate Planning Mistakes


What are some of the common pitfalls in estate planning?

By now, most people are aware that estate plans are not just needed by those who are extremely wealthy. As long as you have any savings or investments, a car, a home, or any possessions of value, you owe it yourself, your loved ones, and sometimes to the community at large, to make a plan as to how you want these things distributed after your passing. A


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Monday, October 17, 2016

How a Will Treating Children Differently Can Still Be Fair


Paul Sullivan (The New York Times) has recently published an article entitled, "How a Will Treating Children Differently Can Still Be Fair" (July 29, 2016). Provided below is a brief summary to the article from The New York Times:

How a Will Treating Children Differently Can Still Be Fair

How parents leave inheritances that are unequal but fair, or at least understandable, to their children and how those children deal with it can be challenging - and may require some difficult and open conversations.


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Monday, October 3, 2016

When Dividing Assets, the Little Things Matter


Paul Sullivan (The New York Times) published an article entitled, "When Dividing Assets, the Little Things Matter" (April 15, 2016). Provided below is a brief summary to the article from The New York Times:

 

 When Dividing Assets, the Little Things Matter

People often spend a lot of time crafting estate plans that lay out how their big assets - from cash to homes and securities - will be divided among their children, grandchildren and everyone else down the line.


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Wednesday, September 21, 2016

Without an Estate Plan, You and Your Heirs Could Have Big Problems


How important is an estate plan?

It can be easy to put off something like estate planning.  After all, few among us wish to consider the eventuality of our own deaths.  However, if tragedy strikes and you are not prepared, it is your heirs that may suffer. More than half of all Americans today do not have even a will in place.  Without a will, a state court will be forced to make decisions concerning who gets your assets and, if you have minor children, who will care for them.


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Sunday, August 28, 2016

Estate Planning for Millennials


Am I too young to need an estate plan?

Many young adults assume they are too young to need an estate plan.  After all, young adults may still be enrolled in college or just embarking on their career path.  They may have few, if any, significant assets.  Even still, there are certain


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Attorney Karnardo Garnett represents clients with their Estate Planning, Elder Law and Asset Protection needs throughout the Tampa Bay Area, serving all of the bay area, including but not limited to Tampa, Brandon, Clearwater, St. Petersburg, Gibsonton, Riverview, Oldsmar, Safety Harbor, Hillsborough County, and Pinellas County, FL



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