Best Practice Estate Planning: The proper signing of a will.

Use best practice with an attorney for estate planning when signing a will

Attorneys: This 3 minute video explains the Best Practice when signing a will and estate documents. In this estate planning video from Hamden Baskin, an estate litigation lawyer – hear how he challenges the signing of estate documentation and how to help your position in case of potential litigation.

 

Click on the photo above to watch the video.

Because the law is continually changing, some provisions in this blog may be out of date. It is always best to consult an attorney about your legal rights and responsibilities in your particular case.

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Estate planning: Is a life insurance program a substitute for a will?

No. Life insurance is only one kind of property that a person may own and a will is necessary to dispose of other assets that a person owns at death.

will and estate planning

If a life insurance policy is payable to an individual, the will of the insured has no effect on the proceeds. If the policy is payable to the estate of the insured, the disposition of the proceeds may be directed by the will. Life insurance can be useful in providing cash at death for payment of taxes and expenses, but like most strategies for insurance, the careful person will consult a lawyer, a life insurance counselor, and a financial advisor for proper estate planning. Mistakes in ownership and beneficiary designations in these policies can cause great increases in estate taxes owed.

For help or answers to will and estate related questions, you can contact BaskinFleece at 727.572.4545.

Most of the content of this information is courtesy of The Florida Bar and represents general legal advice. Because the law is continually changing, some provisions in this blog may be out of date. It is always best to consult an attorney about your legal rights and responsibilities in your particular case.
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