Estate Administration Archives

Florida's homestead exemption protects the family home

A common expectation for many people setting up their estate plan, or updating their existing plan, is that their spouse and children will continue to live in the family home if the testator dies first. Few would like the idea of creditors getting their hands on the house and selling it, leaving their family out on the street when they are gone.

What are the 3 types of probate administration in Florida?

How long the probate process takes in Florida depends on several factors. One of the most important factors is the size of the estate. It may make sense to hear that the larger the estate, and the more beneficiaries named by the decedent, the more complex probate likely will be.

What happens to my social media accounts after I die?

Though many social media sites seem to be aimed at tweens, teenagers and young adults, people of all ages enjoy services like Facebook, Google Plus, Twitter and Instagram. One survey estimates that 88 percent of Americans aged 50 to 64 are online in some form. Many of them upload photographs and personal data like bank account information, in the hope that this data is secure online.

4 more estate planning mistakes to avoid

Back on Sept. 17, we discussed common mistakes too many people in Florida make when it comes to their estate plan. Today, we will add a few to the list that readers will want to avoid while drawing up or amending their plan. Hopefully, with the right estate planning attorney to help, none of our readers will fall into the following traps.

How an estate plan can help you control your end-of-life care

Wills and trusts are the parts of the typical estate plan that deal with what to do with your property after you pass away. But a well-crafted estate plan does not have to focus solely on this important matter. We also have the power to tell our doctors and loved ones how we wish to be cared for, if we are ever too ill or incapacitated to do so ourselves.

Mistakes to avoid when making your estate plan

We encourage everyone to set up an estate plan, so that they will know their assets will be distributed they way they want after they die. This is especially true for married people and parents, even if they are still young. However, there is a right way and a wrong way to go about it.

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