For most people in Florida, their homes are one of the most valuable things they own. It could also be one of the largest assets passed along in the owner's estate.If the house goes through probate, it could trigger tax consequences that the testator would rather not...
Even a seemingly simple estate plan can be more complicated than it seems. One thing that requires a great deal of consideration is who your secondary beneficiaries will be.For instance, it is very common for married couples with children to have an estate plan in...
While creating or updating your estate plan, it may be worthwhile to take a minute to consider who might step forward to challenge your will after you die. A will challenge is probably unlikely, but it is never impossible that someone will try to get your will tossed...
It was back on March 25 that we reported on the bill lawmakers in Tallahassee were considering that would amend Florida’s guardianship laws. At the time, supporters of reform said that unscrupulous guardians are taking advantage of elderly, vulnerable clients,...
Though it is not against the law in Florida to draw up your will without the assistance of an attorney, in practice doing so could put the will at risk of being partially or completely invalidated after you pass away.A seemingly minor procedural error could be reason...
As we pointed out in our previous blog post, shepherding a will through probate can take a long time, sometimes years. In addition, if your estate is large enough, it could be subject to extensive taxation. Your heirs could receive less than you wished to leave them....
Fulfilling the terms of a will usually is not as simple as bringing the family together and handing out checks and deeds. Florida law has a set procedure that ensures that minimizes the chance of errors, and gives creditors the chance to be paid off by the...
Along with estate planning come tax considerations. Taxes and expenses easily can deplete the assets we would like to preserve and pass on to our heirs.The tools that estate planning’ attorneys prepare for their clients sometimes minimize both taxes and expense....
Estate planning can help you plan for and protect your future. However, new reports show that many people are focusing more on retirement planning than estate planning. Failing to create an estate plan can lead to serious trouble down the road that your retirement...
No matter how experienced you are in business or the law, serving as an executor of an estate, also known as a personal representative, can be difficult and confusing. Most people have no experience as a personal representative, the person who is responsible for...
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