Author Archives: Site Administrator
When is a Good Time to Review Your Estate Plan?
Your work is not done after you create an estate plan. It is important to review your estate plan periodically and especially when you have significant life events. Failing to review or update your estate plan is one of the biggest mistakes you can make. Serving clients in beautiful Naples and throughout Florida, leading… Read More »
Why Should You Protect Your Assets?
When looking at your accumulated assets, it is important to think about why to protect to your assets. Asset protection is an important step in the estate planning process, regardless of your wealth or age. You never know when a claim against your assets may arise. James R. Nici is a Naples estate planning… Read More »
Why Is Everyone Moving to Florida?
Every year thousands of people decide to make Florida their new home, and it is not only the warm weather that is drawing them down south. Moving to Florida is not always about sunny beaches and visiting Disney World. Some of the top reasons people move to Florida have to do with certain financial… Read More »
What is a Trustee for a Trust?
Trusts are a popular estate planning tool. Before you decide whether to include a trust in your Naples estate plan, it is important to have a clear understanding of the three parties involved in a trust, which include the grantor, the beneficiary, and the trustee. The grantor is the individual who creates the trust,… Read More »
Benefits of a Revocable Trust
A revocable trust is a type of trust that can be changed or revoked by the grantor (the person who creates the trust) at any time. Many individuals chose to include a revocable living trust as part of their Naples estate plan because of their many advantages. Below are seven benefits of having a… Read More »
What Can a Naples, FL Trust Attorney Do for Me?
Many individuals decide to include trust in their Naples estate plan. They offer many benefits, including avoiding probate and privacy. If you are interested in adding a trust to your estate plan, you should reach out to an experienced Naples trust attorney. What Does a Naples Trust Attorney Do? In almost every case, it… Read More »
What is Trust Administration in Florida?
Florida trust administration is the process by which a trustee executes a trust’s terms and manages the assets within a trust. It is not court-supervised. The trustee is given certain powers and responsibilities under Florida law. Trust administration can be complicated, so if you are a trustee, it is helpful to reach out to… Read More »
Charitable Giving as Part of Your Legacy
Including charitable giving in your estate plan is an amazing way to support your community and leave a legacy. Additionally, charitable giving can result in substantial tax savings. If you are involved with a charity or have a cause close to your heart, you should consider including charitable giving as part of your Naples… Read More »
Real Estate Can Be Put in a Trust
Trusts are valuable estate planning tools that have many different uses. Without the help of a attorney well versed in trusts, it can be difficult to know when to use a trust, what type of trust to create, and what property to transfer into the trust. One question that often arises is whether you… Read More »
Updating My Will
One of the most common estate planning mistakes is forgetting about updating your will. Estate planning is an ongoing process that should reflect your current life circumstances. An outdated will can cause more harm than good. If you need to make changes to your will, contact Nici Law Firm. When Should You Update Your… Read More »