Tag Archives: estate planning in naples
Inheritance Tax Protection in Naples, FL
When it comes to estate planning, inheritance tax protection is crucial. In Naples, Florida, residents are fortunate as Florida does not impose a state inheritance or estate tax. However, federal estate taxes still apply, and it’s essential to plan appropriately to protect your assets. This is where the expertise of a local Naples estate… Read More »
Your Estate Plan Can Protect Assets
Creating an effective estate plan is an essential step in safeguarding your assets and ensuring they are distributed according to your wishes. At Nici Law Firm, we specialize in providing comprehensive estate planning services tailored to your unique needs. An estate plan can protect your assets, which provides peace of mind for you and… Read More »
Estate Plans Things to Know in Florida
Estate plans and estate planning developed into a distinct area of law over centuries, driven by changing societal, economic, and legal factors. It encompasses a wide range of legal tools and strategies aimed at managing an individual’s assets during their lifetime and ensuring the orderly distribution of assets upon death. Local Florida estate… Read More »
When Do I Use a Power of Attorney
A power of attorney is a legal document where the you, as the principal, appoints another person, your agent, to act on your behalf. In the context of Estate Planning, a Power of Attorney is generally executed to allow a person to act on your behalf in the event you become incapacitated. As an… Read More »
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 »
Consequences of Dying Without a Will
When considering the future, it’s important for everyone over the age of 18 to create a legally recognized estate plan which includes a will. Dying without a will often results in problems for your surviving family and friends and opens the door to a long probate process. Remember the creation of a last will… Read More »
Must Haves of an Estate Plan in Naples, Florida
Estate planning in Naples, Florida, has a lot in common with estate planning in any other American city: a well-designed estate plan provides you with legal protection and guidance while you are alive as well as carries out your final wishes on how you want your assets to be distributed and to who. In… Read More »
Your Life Insurance And Your Estate Plan
It’s one of the last gifts you can leave to your family when you pass: life insurance. Usually given as a lump-sum benefit, a life insurance policy offers the beneficiaries some financial support to move forward. Whether it’s a spouse, partner, children, or anyone else you designate, the money can be used as they… Read More »
Types of Trusts in Estate Planning
One of the easiest ways to ensure that your assets are handed down to your beneficiaries is to establish at least one trust in your estate plan. Aside from a will, trusts are also one of the best ways to ensure that your affairs are handled in the way you dictate. You’ll avoid handing… Read More »
Revising Your Estate Plan After a Divorce
Your Naples estate plan must be reviewed and revised after any significant life event, especially a divorce. This update needs to include more than just a new will. Below are five issues that must be addressed when estate planning after a divorce in Naples, Florida. 1. Create a New Will If you were like… Read More »