The recent surge in the coronavirus pandemic across the country has reminded all of us that a return to “normal” is far from imminent. The public health and economic crises caused by the pandemic have had many secondary effects, one of which is that we have all been reminded of our own mortality. For many people, this has sparked a renewed and urgent interest in estate planning, including creating, updating, and/or finalizing estate plans.
In cases of legal separation, divorce, and paternity, one parent is typically ordered to pay child support to the other legally responsible parent. Under Florida child support law, parents are not able to waive child support obligations. Parents of a minor child have a legal and moral duty to support their child. Failing to pay court-ordered child support in Florida can result in severe consequences.
Since Florida is a no-fault insurance state, you must file a claim against your own insurance if you are involved in an automobile accident in Florida. Injuries from accidents could range from minor bangs and bruises to traumatic brain injuries or nerve damage causing paralysis long-term. Several factors need to be determined when you are injured in an accident, such as the number of vehicles and people, the size and weight of the vehicles, combined speed, and how the wreck occurred.
A will is a legal document that transfers what you own to your beneficiaries upon your death. It also names an executor to carry out the terms of your will and a guardian for your minor children, if you have any. Your signature and those of two witnesses make your will authentic. Witnesses do not have to know what the will says, but they must be present when you sign it and you must be present to watch them witness it.
When it comes to our children, there is nothing we would not do to safeguard their future and ensure they are safe, healthy, and happy. Estate planning allows you to ensure your children that if something happens unexpectedly, they will be protected no matter what. Within the estate planning toolbox, there are two that will protect your children: the trust and guardianship documents. These documents will provide peace of mind for both you and your family.