Wills, Probate

Trusts, Estate Planning

210 South Beach Street, Suite 202
Daytona Beach, FL 32114
(386) 257-3332

Personal Representative
Heidi did our trust very recently. She and her staff were very professional and understanding. Her fee was very reasonable in comparison with other attorneys in the area . We highly recommend her for her services

~ Chris D

In Heidi, I have found my Florida attorney. I live out of state but have a home in Florida which I wanted to turn over to my son, who does live in Florida, without running into tax issues. I was imagining all sorts of paper work, but Heidi made it all so simple for me and I was very satisfied with her knowledge and professionalism. What’s more, she is a very nice person and so easy to deal with. I have no hesitation in recommending her and will certainly use her again if the need arises.

~ Meme D

beneficiary on your retirement account

Why You Should Change the Beneficiary on your Retirement Account

This is an important question I am asked by clients and the answer may surprise you.

Why do I have to change my beneficiary on my retirement account? Can’t I just name a beneficiary in my Will for this money?

Answer: Beneficiaries listed on retirement accounts override any direction in an Estate Plan. For example, if you get divorced and remarry but fail to put spouse number two as the beneficiary on your retirement account and you list them in the Will to receive this money.  Depending on the type of plan there is a VERY strong possibility that the retirement money goes to the individual listed as the beneficiary —eek! Your EX-wife.  Imagine the mess that would leave after you pass.

This scenario is one example of why it is critical to work with an Estate Planning Attorney to put your plan in place. Using a professional pays off in so many ways and will provide peace of mind that your wishes are correctly drafted so your wishes can be followed after you pass.

 

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