Florida Estate Planning and Probate Law Blog focused on recent case law and planning ideas.

FLORIDA ESTATE PLANNING FOR SINGLE PARENTS

Single parents are a growing population in the State of Florida. While creation of an estate plan is important for everyone, it is even more important for single parents.  As a single parent you need to plan for: (i) who will raise your children (make medical decisions for them) in the event of death or disability (grandparent, other parent, family member, etc.); (ii) who can be trusted to manage their children's assets; and (iii) at what ages will your children need financial support to maintain their lifestyle and pay for college. 
 
It is important to have answers to these questions spelled out in your Florida estate planning documents. The last thing you want is for family members to be fighting over these issues and a Florida Probate Judge making the ultimate decision for you.