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March 2018 Archives

Rate of military divorce remains unchanged in past year

The concern for the struggles military couples have faced over the years has led to policy changes in several branches of the armed services. Awareness is growing for the troubles military couples face in Florida and across the country, and some branches are offering more services and resources to help keep marriages together. The Pentagon keeps data related to marriages among members of the armed services, and each year, the government releases an analysis of the data.

Keeping an estate plan from becoming obsolete

Thinking about the future and preparing for the often frightening possibilities ahead takes courage. It means facing one's own mortality and contemplating issues beyond how to distribute one's belongings. When Florida residents make time and effort to create an estate plan, it is usually after careful consideration. Unfortunately, because creating the plan was so stressful, some make the critical error of neglecting to revisit it periodically to ensure it is still effective.

High net-worth couples find best ways to divide assets

The end of a marriage often means the beginning of a long process of negotiations. For high net-worth couples in Florida, this may involve finding creative ways to effectively divide martial assets and keep the details of their settlement as private as possible. Those whose wealth includes a level of notoriety may have difficulty maintaining their privacy. However, one celebrity couple has decided to involve the public in their divorce in a practical way.

Pet owners use estate plan to provide for beloved animal

Pets are often beloved members of the family, participating in family vacations, posing in holiday portraits and taking their places in the hearts of every member of the household. As owners grow older, however, they may begin to wonder how to ensure the well-being of their animals after the owner's death. In Florida, as in most states, pets cannot inherit money from a deceased owner's estate. This is why many people provide for their pets using their estate plan.

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Meador & Johnson, P.A.
900 N. Palafox St
Pensacola, FL 32501

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