The Blog
Welcome to the McPhillips Law blog, where we explore key legal issues for entrepreneurs, professionals, nonprofit leaders, individuals, and families. The firm’s articles cover a range of topics, including business, tax, and nonprofit law, along with insights on how these areas intersect with estate planning. While McPhillips Law no longer provides estate planning services, I’m happy to connect you with trusted referrals in the Tampa area—just reach out!
Discovering the Heart Behind Wills and Trusts
Estate planning. Wills. Trusts. It all sounds so... clinical, doesn't it? Forms to fill out, legalese to decipher, signatures on dotted lines. But beneath the dry surface lies a beating heart, a symphony of human emotions playing out in ink and code. At its core, estate planning isn't just about dividing assets; it's about navigating the delicate terrain of love, loss, and legacy.
Common Estate Planning Mistakes (And How to Avoid Them)
Estate planning can be tricky, and it’s easy to make mistakes. Here are some common pitfalls and tips on how to avoid them.
Demystifying the Estate Plan
Creating an estate plan can feel like a big task, but with the right approach, it’s totally manageable. The first step in estate planning is to write a Will or create a Trust!
Can You Spot the “Simple” Estate?
As an estate planning lawyer, one of the most common things I hear is: “I have a simple situation, so I don’t need any fancy trusts or complicated planning.” But here’s the catch—most people aren’t great at accurately gauging whether their situation is truly “simple.”
Decoding Trusts: Navigating Their Varieties & Advantages
Ever thought about getting a will? Then you've probably heard of trusts. They're like the dynamic duo of estate planning – Batman and Robin, if you will. But trusts are a diverse lot, and not every type ties back to a will. Some trusts even come into play while the beneficiary is still kicking. Discover the unique advantages of putting a trust in place!
Paws and Prosperity
Addressing your pets’ needs in your estate plan ensures minimal disruption and provides for their continued care.