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estate planning
Seniors facing financial challenges – proactive steps anyone can take
The most thought out and carefully assembled financial plans can still unfortunately be found lacking once big life changes occur. Devastating changes can happen at the worst time, and currently we are all not only faced with global issues such as climate change and the wild weather it brings, but also deadly pandemics and social...
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Future Planning: Importance of naming a guardian for your children
During the normal process of developing your personal estate plan, please do not avoid naming a guardian simply because it is not easy to imagine someone else raising your children. Imagine, instead, that if you do not name a trusted guardian – you leave the guardianship of your children up to the courts if you...
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Estate Planning is often thought of in respect to large estates which are subject to estate tax liability. However, it has been our experience that regardless of the size of the estate, a certain amount of planning is necessary in order to preserve and maintain the estate. An effective estate plan most often includes a...
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Legal Sen$e - The Floyd Law Firm PC
A Power of Attorney is simply a power given to an Agent by a Principal to allow the Agent to act on behalf of the Principal. One of the problems with the Standard Power of Attorney is that the Power is valid only to the extent that the Principal could have acted at the time...
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The importance of Will Contest Prevention
By Dalton Floyd, Jr. It is commonly said that prevention is the best medicine, and in the case of your estate – early prevention can be the best remedy to decrease the chances of a possible Will Contest in the future. If you don’t take control of your estate plan, someone else may, and then...
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