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Sarasota Legal Blog

Heirs can let resentment show after a parent's passing

As you do your estate planning, your children seem generally happy with one another. There aren't any big fights or disagreements. You feel confident that they'll all be able to sort out your estate peacefully after you pass away.

For instance, maybe you're leaving the family home to the kids. They could keep it and all own a third of it, but you're hoping they'll just sell it. After all, it's worth about $600,000. Each child could take $200,000 and everyone would be happy.

Financial abuse is a hidden type of domestic violence

Some types of domestic violence leave clear signs. A co-worker comes to work with a black eye. You watch a neighbor yell at his or her spouse in public. A child grows moody and won't talk about his or her home life.

However, experts warn that some types of abuse, which technically may count as domestic violence, can be hidden. One of these is financial abuse.

How to avoid costly problems when building a new home

You finally did it. You signed the contract to build a new home. This time around, you get to choose everything. You decide the floor plan, the upgrades, the fixtures and even the location of electrical outlets. It's exciting.

Have fun making all of those design choices, but don't let that excitement blind you to the fact that things could go wrong - and you don't want to be left "holding the bag" for costly repairs. How do you protect your interests during the home building process?

What is an estate plan and who are they for?

You are in the prime of your life. You aren't thinking about death, and you probably don't want to either. You don't want to think about what happens after you die or imagine leaving loved ones.

But, picture this: One day you wake up and feel great. It is a day like any other. You get up and look at yourself in the mirror. You get yourself ready. You start your routine. And then the worst happens.

4 places to learn more about your spouse's finances

You aren't sure that your spouse is going to be fully honest with you during the divorce. You're worried that he or she is going to try to hide assets.

This is a common fear. It may be illegal to hide assets, but that doesn't stop people from doing it. If your spouse handled the money and you want to be sure you know what assets have to be split up, here are four places you may find valuable information.

3 main categories for construction defects

Construction defects can take many different forms, but what you'll find is that many of them fall into three broad categories. It's important to know the differences between them if you think you have a case.

First of all, the defects could just be caused by poor workmanship. All of the parts and materials are perfect and the design is sound, but the workers do not install them properly. For instance, an electrician trying to cut corners could fail to use proper boxes when installing electrical wiring and cause a fire hazard. Defects could also be simple issues like cabinets that are crooked or countertops that aren't cut perfectly.

What to consider before creating a parenting plan

The process of divorce involves a lot of thought and planning. Finances, assets, and children are major factors divorcing couples must consider.

Adjusting to a life of co-parenting can be tough. Florida requires divorcing couples with children to create a parenting plan. A parenting plan is beneficial for both parents and children.

3 tips for a child custody evaluation

Before you're given custody of your child, an evaluation is being carried out. Understandably, you're nervous. Doing well is critical to the future of your family and your relationship with the child.

To help you, below are three tips that you should keep in mind before and during the evaluation.

An irrevocable life insurance trust gives you more control

When you buy life insurance, you can pick a beneficiary. If you pass away, the policy then pays out to your beneficiary.

While this seems simple, it can be problematic. Do you really want the person to get a lump sum all at once? Do you want him or her to be able to use the money for anything?

Should millennials have estate plans?

If you are a baby boomer and feel as if millennials are from another planet, chances are you are not alone. After all, many millennials are unattached (or not necessarily interested) in organized politics or religion. They gravitate more towards causes forged through social media and are more likely burdened by student loan debt.

Moreover, they are distrustful of people over 40 and are in no big hurry to get married and have the traditional family. With those negative views, it may be difficult to get millennials to think about estate planning. However, it is important to do so. 

Tannenbaum Scro, P.L.
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Orlando, FL 32801

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