There are a lot of myths about estate plans that can cause people to make the mistake of not drafting one of these important documents. Perhaps one of the most persistent is the myth that you should only start considering an estate plan if you have a lot of money or property.
When buying or selling a home, a lot of people can get involved in the process. Real estate transactions, whether in Florida or elsewhere, are not small things. A lot is on the line, particularly money. A real estate attorney can help a client ensure everything is on the up and up, and that his or her investment is adequately protected.
Assuming too much or too little can lead to estate planning errors. While estate planning is often based off of assumptions for one's future, making the wrong assumptions can be costly for oneself and one's loved ones. An estate planning attorney can help those in Florida who are preparing their estate plans make the best decisions possible for their situations and adjust plans as necessary in the future.
Owning and leasing out commercial property in Florida or elsewhere can be very profitable. Unfortunately, landlords of commercial property do come across a number of legal issues with which they may need some assistance. An experienced real estate attorney can generally help with such needs.
When it comes to pets and estate planning, few animals were as fortunate as Trouble. The white Maltese owned by Leona Helmsley, the late hotel magnate, received a $12 million dollar inheritance in 2007 -- a seemingly hefty sum if you do not take into account the dog's annual living expenses estimated at $190,000.
Estate planning -- whether done in Florida or elsewhere -- is certainly a private matter. However, including others in the process, especially adult children, may prove to be beneficial. Unfortunately, family members do end up fighting about the details of estate plans when they feel that they have been unfairly treated or they simply do not agree with what has been decided. By allowing adult children to have some involvement in the estate planning process, this can help prevent such problems in the future.