Category Archives: Wills Probate
What is Trust Accounting?
Trust accounting is a crucial aspect of managing a trust. This crucial accounting process ensures that the trust assets are reported, managed, and distributed transparently. The importance of this task cannot be understated, so it is critical that personal representatives understand the issue. In Florida, specific rules and regulations have been developed to govern… Read More »
Can an Executor Take from the Estate?
There are a lot of different aspects to working an estate through the Florida probate process. One issue that can arise is an Executor of an estate taking money from the estate. But – is it legal to do that? Is this a legitimate action, tied to reasonable fees, perhaps…or is it something more?… Read More »
What is Revocation of Probate?
We have all heard about challenges to a last will and testament, or the validity of a will being in question. “Revocation of probate” refers to the action of vacating a previous court order to admit a last will and testament into probate. This article will review some of the most important items to… Read More »
A Revocable Trust: When You Don’t Know What to Do
Everyone has heard that they should get their estate in order. Everyone recognizes the wisdom in this. Even if they do not fully grasp the specific nuances, most people have a vague understanding the inheritance will come easier if a last will and testament and other estate building tools are employed. However, when push… Read More »
FAQs for Wills and Probate Attorneys
Whatever your past experience with Florida probate and/or estate planning, anyone and everyone can benefit from an initial consultation with a wills and probate attorney. Making the most of an initial consultation requires active participation, and a back and forth conversation so your attorney can better assess your situation and advise on your unique… Read More »
Can a Premarital Agreement Affect Your Probate Estate?
Premarital agreements– aka prenups–are most often associated with a couple divorcing. This may very well be true, but a divorce is not the only thing that a prenup might affect. Prenuptial agreements – and postnuptial agreements – can also be drafted to address what will happen to various assets should either of them die… Read More »
Fighting Creditor Claims in Florida Probate
Have you had a loved one pass away in Florida recently? The passing of a loved one is always a difficult time. Adding to this is the mix of emotion and often overwhelming thoughts of trying to navigate the legal intricacies of the notorious Florida probate process. One significant wrinkle to work through that… Read More »
Resolving Disputes Between Beneficiaries
Picking up the pieces after the death of a loved one can be grueling. The last thing anyone wants to add is an explosive, bitter feud rising between beneficiaries. Unfortunately, disputes between beneficiaries are common. Whether one person feels they did not receive their fair share, or there is a particular asset or sentimental… Read More »
How Estate Planning Can Help Prevent Elder Exploitation
Older generations of Americans are vulnerable to financial exploitation by a broad spectrum of perpetrators. Unfortunately, this includes not only strangers, but also people they know, trust, and welcome into their lives. Elder exploitation cases are normally complex and can be difficult to fully investigate and pursue. Elders can lose their life savings and… Read More »
Gifting in Life vs. After Death
In Florida the estate tax, commonly referred to as the “death tax,” will only affect the estates with a taxable value that exceeds the federal estate tax threshold. In 2024 the federal estate tax threshold sits at $13.61 million for individuals. This means that married couples will only have to worry about estate taxes… Read More »