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  • 02:04

    Will v. Living Trust

    in Legal

     will or testament is a legal declaration by which a person, the testator, names one or more persons to manage his or her estate and provides for the distribution of his or her property at death. For the devolution of property not disposed of by will, see inheritance and intestacy.

    Though it has at times been thought that a "will" was historically limited to real property while "testament" applies only to dispositions of personal property (thus giving rise to the popular title of the document as "Last Will and Testament"), the historical records show that the terms have been used interchangeably.[1] Thus, the word "will" validly applies to both personal and real property. A will may also create a testamentary trust that is effective only after the death of the testator.

    A trust is an arrangement under which one person, called a trustee, holds legal title to property for another person, called a beneficiary. You can be the trustee of your own living trust, keeping full control over all property held in trust.

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  • 00:16

    The Pitfalls of Do-It-Yourself Estate Planning

    in Legal

    Have you ever considered writing your own will? You may think, "I know what I want – how hard can it be?" Unfortunately, with DIY estate planning, you really do "get what you pay for." Heather Walser addresses the topic of estate planning and why using an estate planning attorney may save you time and treasure in the end.

  • 00:16

    Why Do I Need an Estate Plan?

    in Legal

    Everyone’s estate planning needs are different, but everyone needs an estate plan.  Estate planning does not only involve putting together a will which leave gifts to friends and family upon your death.  An equally important component of completing an estate plan is creating powers of attorney that name individuals to make financial and medical decision on your behalf while you are alive but unable to act.  A comprehensive and appropriate estate plan ensures that your wishes are followed during life and after death.  This podcast with Estate Planning attorney Brian Warens of Lavelle Law will explain the importance of a well rounded estate plan and how to use one properly.

  • 00:01

    LadyLawyerLive: “Cutting the MRS Out of Your Will”

    in Legal

    “Cutting the MRS Out of Your Will”

    Can you choose not to leave any of your investments, land or assets to your spouse? There are rules in Florida that limit ‘cutting out the spouse’ as to homestead and a percentage share of the estate called “Elective Share”. There are also legal documents that can override these statutory rights. Learn about this and more in this live, call in radio show featuring an estate planning “LADY LAWYER” with nearly a quarter of a century of experience in writing wills and administering estates.

    Lady Lawyer Live is Cynthia Rignanese, an estate planning attorney in Central Florida, whose main office is in Winter Haven at 863/294-1114.

    This is a LIVE, CALL IN SHOW!

    BROADCASTING LIVE - Link to LOG IN to hear this live show:
    From 4:00 to 4:30 pm EST

    (323) 792-3078.