Trusts: Frequently Asked Questions
As experts in estate planning, LCO Law LLC understands that many people have questions about trusts. In this FAQ, we will answer some of the most common questions we receive. You can find out more HERE. Q: What is a trust?A: A trust is a legal arrangement in which a person or entity (the trustee) […]
Estate Planning with Cryptocurrency
Why is crypto estate planning important? Since cryptocurrency assets are decentralized, it’s extremely important that you include them in your estate plan. Crypto assets don’t have the same failsafe as bank accounts or retirement accounts because they’re decentralized. It’s your responsibility, as the crypto owner, to create a plan that includes your digital assets and […]
What did Khloe Kardashian and her Attorney Get Wrong?
A Will is just a piece of what goes into proper Estate Planning. Yet, it’s important to note that a Will ONLY goes into effect when you pass away. While the middle Kardashian is a step ahead of 60% of average Americans by just HAVING a Will, her attorney failed to educate her on a […]
Protecting your Children
You would do anything to protect your children and make sure they’re well cared for… What do you have in place to make sure they’re protected in the event you pass away or become incapacitated? Don’t leave your children in the hands of the state, plan for their future today. Call 813-480-2309 to schedule your […]
Blended Families – Is yours protected?
Estate Planning for the Blended Family Balancing the needs of a multi-generational blended family with your own wishes can be a complicated task, especially when it comes to estate planning. With a majority of Americans not only marrying once, but twice, three or even four times during their lives, it is a challenge that will […]
Robin Williams: A Lesson in Deeds, Not Words + One Error in Plan
One of the most eloquent responses to Robin Williams’ death came from his best friend Billy Crystal, who posted on Twitter simply: “No words.” When someone close to us dies — especially in a sudden and tragic way — the grief is so deep that we truly don’t have any words to describe it. And […]
No Kids, Do I need an Estate Plan?
It’s a common misconception to think that if you don’t have children, you don’t need to worry about estate planning. But the fact is, it can be even MORE important to do estate planning if you have no children. Some of the common thoughts behind this mistaken belief may take one of these forms: “If […]
4 Estate Planning Must Haves for Un-Married Couples
Estate planning is often considered something you only need to worry about once you get married. But the reality is every adult, regardless of age, income level, or marital status, needs to have some fundamental planning strategies in place if you want to keep the people you love out of court and out of conflict. […]
Estate Planning: Why the old process fails families!
Did you print out your Legal Zoom docs and feel a sense of relief that your “estate plan is done”? Did you put your docs into a safety deposit box never again to be examined? While you may have felt relieved, the reality is that those docs may have done very little to protect you, […]
Trusts for Minors: Lifetime Protection
When clients are in our plan design sessions, we discuss how to protect children and the assets left for them from creditors, bankruptcy, divorce, and lawsuits. While Florida law prohibits us from creating these asset protection trusts for ourselves, we can provide this type of protection for other loved ones. To work with us to […]