Estate Planning, Probate, Guardianship & Elder Law
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It's common for Florida residents to leave behind property after they pass away. But what happens when someone leaves behind a property in another state? To solve this issue, an out-of-state property must go through ancillary probate. Here's a closer look at the...
The job of an executor in Florida is complex and demanding. This person will be responsible for initiating the probate process, notifying your family, relatives, and creditors of your death, paying taxes and other expenses you might have and distributing assets to...
Long-term care is a vital issue for Florida families. Concerns about nursing homes and assisted living communities have people carefully considering their options. Costs are a significant concern because elder care is expensive. Senior care can burn through savings...
A person in Florida who lacks the ability to make decisions for him or herself may be granted a guardian. A family court can intervene to determine the mental and physical state of the individual and decide the next step to take. There are certain procedures that the...
Most people have never created wills or have no plans to create one, so they're expected to make mistakes when it's finally time to write down plans for their estate. Here are some common mistakes and how to avoid them. Choosing a will instead of a trust A will...
Consulting your parents about their own money might seem counterintuitive. What is even more unexpected are the risks that estates face when they’re transferred without a plan. Estate planning in Florida isn’t reserved for residents with hundreds of millions in...
When it comes to estate planning, several important documents need to be put in place. One of the most important ones is a power of attorney, which foresees the possibility that you may become incapacitated and won't be able to make decisions for yourself. What is a...
Are you considering your options for estate planning in Florida? You may have looked into trusts, specifically revocable living trusts. What is a revocable living trust? A revocable living trust is a legal document that allows you to transfer ownership of your...
Establishing a trust can be an effective asset protection maneuver. For many people in Florida with disposable assets that need protection from tax evaluation and other exposure, trusts are indeed good financial tools. However, true protection often only comes when a...
No matter where you reside in Florida, having a plan for your assets after you're gone is essential. Estate planning can provide you with peace of mind because you'll know that your loved ones will have financial security after you've passed away. Understanding a few...