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Florida Estate Lessons from a Billionaire with 100+ Heirs

What would you do if you had more than 100 biological children and a $17 billion fortune to protect? That’s not a hypothetical for Pavel Durov, the billionaire founder of Telegram. In a recent interview, Durov shared that he plans to divide his entire estate equally among his biological children—some from personal relationships, others born via anonymous sperm donations in over a dozen countries.  His unique situation may seem far from...

A Power of Attorney May Not Mean What You Think It Does

When you start planning for your future—or help a loved one plan—you’ve likely heard about the term "power of attorney." But do you really understand what it means? "Power" and "attorney" are two powerful words that can carry a lot of weight, but they may not mean exactly what you think in this context. In fact, many people are surprised to learn what a power of attorney can and cannot do. One thing’s for sure—it doesn’t grant...