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...
Do you know what will happen to you if you become incapacitated or are unable to make decisions regarding your health? Having a living will or durable power of attorney can make all the difference in the event you cannot make end-of-life decisions for...
Yesterday, March 31, was the 10-year anniversary of Terri Schiavo's death. Most of our readers remember the saga of this woman's case, which pitted her husband against the rest of her family. It is a good time to remember how important it is to have a living will as...
An update to the probate dispute between Robin Williams' wife and children shows how these cases can take months to resolve. The judge presiding over the case has ordered the parties to try to work out their differences over the next eight weeks.To recap, sometime...
We have written before in this blog about guardianships, which can protect a person’s well-being or property if he or she is no longer able to do so, due to dementia or other health reasons. However, in the wrong hands guardianship can lead to a person being...
We have spoken before about personal representatives, also known as executors, and their role in the probate process in Florida. Serving as a personal representative for a person’s estate after he or she dies is an important job, and not one to take lightly. The...
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