Question 1

Do I need a will if I don't have many assets?

Accepted Answer

Yes. A will isn't just about money — it names a guardian for your minor children, specifies your funeral wishes, and ensures your assets go to the people you choose rather than being distributed under Florida's default intestacy laws. Everyone over 18 should have at least a basic will.

Question 2

What's the difference between a will and a living trust?

Accepted Answer

A will takes effect at death and must go through probate. A revocable living trust takes effect immediately, avoids probate, and keeps your affairs private. Trusts are often more efficient for larger estates or families with real estate in multiple states. We'll help you decide which is right for your situation.

Question 3

How often should I update my estate plan?

Accepted Answer

Review your plan after any major life event — marriage, divorce, birth of a child, death of a beneficiary, significant change in assets, or a move to a new state. As a general rule, review it every 3–5 years even if nothing has changed.

Question 4

Does Florida have an estate tax?

Accepted Answer

Florida has no state estate tax or inheritance tax. However, federal estate tax applies to estates over the federal exemption threshold (currently $13.61 million per individual in 2026). For most families, federal estate tax is not a concern, but we'll review your situation to be sure.

Question 5

What happens if I die without a will in Florida?

Accepted Answer

Florida's intestacy laws determine who inherits your estate — typically your spouse and children in a set order. This may not reflect your wishes, and it always requires probate. If you have minor children, the court will appoint a guardian without your input. A will gives you control over these decisions.

Estate Planning in Miami

Protecting What You've Built for the People You Love

Wills & Trusts

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