Building Your Brighter Tomorrow With Proven Immigration And Estate Planning Strategies
When it comes to setting up an estate plan in Florida, you are probably familiar with some of the more common documents, such as a will or power of attorney. However, you may have heard of something called a living will and wonder what it is and if it is different from a regular will…
When a person passes away in Florida and has a will, probate is the legal process that takes place to transfer their assets to their beneficiaries. Beneficiaries are the people or entities the deceased person named in the will. Probate overview The process begins when a petition is filed with the court in the county…
You may have heard the term Lady Bird deed and wonder what exactly it is and how it differs from a regular deed. A lady bird deed is a deed with a life estate. It is also sometimes called an enhanced life estate deed. It lets a property owner maintain control of a piece of…
Probate is the necessary legal process to distribute the deceased’s property to any beneficiaries named in a will or according to Florida’s intestate succession laws. It can be a long process, but it does not have to be as long as many people think. There are two main types of probate. There is formal administration…
In Florida, probate and estate administration has many layers and responsibilities to the personal representative. One of the key roles is serving a notice of administration on specific people. This is critical because if there are issues with the estate plan and a person wants to file an objection for any reason, there is a…
Prior to the enactment of elective share laws in Florida, a surviving spouse could be totally disinherited by the other spouse. This could be done on purpose through a will or trust, or it could be the result of a mistake in a will or poor advice. To avoid these unfair consequences, Florida enacted elective…
When you die, your estate will go through probate. Probate is the legal process in which your property is passed on to your heirs. Your estate will go through probate if you have a will or if you die intestate (without a will). There are two basic probate proceedings in Florida. One is formal administration…
When estate planning, probate is a four-letter word. You want to avoid it, if at all possible. Why? Because it is essentially litigation, which, as we all know, is expensive. And, one such way to avoid Tampa, Florida, probate is through Lady Bird Deeds. Lady Bird Deeds? If the name sounds familiar, it should; it…
Have you done an online will? If so, you were probably surprised with the ease and the low cost. However, what you may not know is that your new estate plan is likely incomplete. Specifically, it likely lacks any Florida trust instruments, and if you have kids, it may not have sufficient or any guardian…
A personal representative for a Florida estate has several responsibilities, including identifying and locating heirs, distributing assets, paying debts and filing taxes. There are times when heirs cannot be located, or after being located, they refuse to receive the property that was left to them. For a personal representative, this type of situation can be…
