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Category Archives: Estate Planning

EstPl

The Various Ways That Family Members Can Jointly Own Real Estate Property

By William Rambaum, P.A. |

Whether it is better to own your property in the form of currency or real estate is not a question with a one-size-fits all answer.  Likewise, when it comes to getting something of value from a family member, some people would prefer to get cash, and some would prefer to get a house or… Read More »

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What Happens If You Don’t Specify a Beneficiary on Your Life Insurance Policy?

By William Rambaum, P.A. |

Life insurance policies are an inexpensive way to ensure that your family will have at least some financial stability after you die.  If you bought a life insurance policy when you were younger than retirement age, you were probably impressed by the low cost of the policy compared to the amount of payout, and… Read More »

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If You Have a Living Trust, You Should Write a Pour-Over Will Just to Be Safe

By William Rambaum, P.A. |

One of the main reasons to set up a living trust is that the assets you place in the trust do not have to go through probate.  If all of your assets belong to the trust at the end of your life, your estate might not need to go through probate at all.  Some… Read More »

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The Rights of Surviving Spouses Who Married in Countries Where the Marriage Laws Differ from United States Law

By William Rambaum, P.A. |

Florida is one of the most culturally diverse parts of the United States, and more than one fifth of Florida residents were born outside the U.S.  Since 2020 is both a census year and an election year, Florida’s demographics are a popular subject for discussion about current events.  Most of this discussion tends to… Read More »

Couple

How to Pass the Time Until the COVID-19 Curve Flattens: Set Up a Living Trust

By William Rambaum, P.A. |

Whether your approach to the COVID-19 pandemic has been that of a worry wart, a skeptic, or somewhere in the middle, one thing is certain: your daily routine has changed.  Maybe you are constantly checking the news to see the latest number of cases, and the most recent quarantine orders, in Florida and other… Read More »

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The Sibling Rivalry-Proof Estate Plan

By William Rambaum, P.A. |

If you have more than one child, then dealing with your children’s conflicts with each other is just a normal part of parenting, albeit an exhausting one.  Parents can console themselves that the constant fights are temporary; just as you will one day be able to laugh about the days when you were constantly… Read More »

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How Decluttering Your House Can Simplify the Estate Planning Process

By William Rambaum, P.A. |

Lots of people have included decluttering in their New Year’s resolutions; it ranks up there with improving one’s health and working toward financial goals.  If you are among the people who have set decluttering goals for 2020, you might be chasing the sense of mental clarity that the neatniks of the world claim that… Read More »

EstPlanFam

You Can Use a Divorce Decree to Make a Claim Against a Deceased Person’s Estate

By William Rambaum, P.A. |

If your spouse has children from a previous marriage, you are probably acutely aware that a parent’s financial entanglement with their children never completely ends.  In fact, estate planning is much more complicated in blended families, because you must decide which assets to leave to your current spouse and which to leave to your… Read More »

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Young Woman Arrested in Tampa After Trying to Cash $1 Million Check from Elderly Husband

By William Rambaum, P.A. |

You might get suspicious if an elderly relative of yours begins a romantic relationship with a much younger person, but it is best to give the new partner a chance and to accept them if your relative truly seems happy with them.  If you see red flags, though, it is best to speak up… Read More »

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Estate Planning New Year’s Resolutions for 2020

By William Rambaum, P.A. |

Making an estate plan should make you feel proud of your accomplishments.  You have stayed healthy and financially solvent into your retirement years.  As your children and grandchildren leave after a holiday visit, which the gifts you generously gave them and the successes you have helped them achieve, look back over the past years… Read More »

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