021: Retiree, Business Owner, or Young Family: Trust Planning Isn’t One Size Fits All

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Estate planning attorney Tom Moss joins the show to unpack a myth that trips up a lot of families: the idea that “irrevocable” means locked forever. Tom walks through how Florida law actually allows trusts to adapt, from trust protectors to the decanting process that can rewrite an estate plan after someone passes away. He also breaks down the three phases every revocable trust moves through and the exact moment it flips to irrevocable. The conversation covers Florida’s homestead protections, why families relocating from New York or New Jersey need to rethink their planning, and how the right trust structure shifts for retirees, business owners, and young families building wealth. Tom shares the “light bulb moments” that signal it’s time to revisit an old plan, from a fiduciary who’s passed away to a lawsuit nobody saw coming. In this episode, you will hear: How trust protectors and decanting can modify…

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The Day Your Child Turns 18, Your Legal Authority Ends

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Most parents don’t see it coming. One day you’re signing permission slips and making doctor’s appointments, and the next your child turns 18 and the law treats them as a fully independent adult. You can no longer access their medical records, negotiate their bills, or make a single financial decision on their behalf without their written authorization. That shift happens overnight, and most families aren’t ready for it. The good news is that four straightforward legal documents fix the problem entirely. The Durable Power of Attorney Covers More Than You Think A durable power of attorney assigns an agent, typically a parent, to handle financial and contractual decisions for a young adult. That sounds abstract until you picture the real scenarios. Your college freshman has a billing dispute with the bursar’s office. Your 19-year-old gets into a car accident and needs someone to negotiate with the insurance company. Your child…

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