Category Archives: Wills Probate
What Happens During The Probate Of A Florida Estate?
You may have heard the word “probate” used by estate planning lawyers without actually knowing what it means. In simple terms, probate is a court-supervised process for gathering and distributing the assets of a deceased individual. Put another way, probate is the administration of a person’s estate. The Goals of Probate Probate actually has… Read More »
Is It Possible To Revoke A Will In Florida?
Many people mistakenly believe that Wills are set in stone, but that is not true. Even though it’s called “the Last Will and Testament,” it may not be your last Will if you later choose to update or revoke it. Reasons why people revoke Wills vary from one case to another. In most cases,… Read More »
10 Reasons To Update Your Will And Estate Plan
A Will – also known as the Last Will and Testament – is one of the most important documents in every person’s life. However, just because you already have a Will does not mean that you can forget about it and do not need to look at it ever again. Our lives change, and… Read More »
Can I Disinherit My Spouse or Children in Florida?
Deciding to disinherit your spouse, children, grandchildren, or other family members never comes easy. But does Florida law even allow you to remove your spouse or children from an estate plan? That depends on whether you want to disinherit your spouse entirely and how old your children are. It is essential to consult with… Read More »
What Happens to a Business When the Owner Dies Without a Succession Plan?
When a business owner passes away, one of the two things happens: A succession plan is put into motion; or If there is no succession plan, what happens to the business depends on the company’s structure. When a business owner does not have a succession plan, their family members and business partners are being… Read More »
How to Make Sure Your Life Sustaining and End-Of-Life Care Wishes Are Respected During This Difficult Time
Understandably, the coronavirus pandemic has created a significant amount of panic in terms of people wanting to make sure that they have everything in order when it comes to their estate plans. This mass panic has been exacerbated by reports from those on the front lines concerning patients who have been unable to communicate… Read More »
Proactive Wealth & Estate Planning Strategies You Should Consider Before 2021 Arrives
With each change in administration often comes changes to the estate tax and estate-tax exemptions, leaving many rushing to estate planning attorneys in an effort to properly protect their assets before the new laws can be implemented. Given the current ability to gift significant funds to your beneficiaries and others free of transfer tax… Read More »
Using Estate Planning to Cover a Child or Grandchild’s College Tuition
College tuition costs are escalating every day; not to mention all of the other costs that inevitably go along with them, such as funds needed to cover equipment, living expenses, school supplies, textbooks, and more. For many families with children, the thought of covering these costs is nothing short of daunting. However, many also… Read More »
Items That People Often Forget to Consider in Their Estate Plans
We previously discussed the importance of being prepared in terms of your estate planning, given the circumstances that the COVID-19 pandemic has put us in. A number of people panicked, wanting to ensure that their estate plans were in place in case anything happened, while others hoped that the pandemic would die down. Instead,… Read More »
Overcoming The Complications of Oil & Mineral Rights in Florida Estate Planning
The ownership of oil and mineral rights can significantly complicate estate planning. In Florida, those rights translate into a legal ownership of subsurface resources, and can be sectioned off from the surface property and bought, leased, or sold on their own. This has made planning for passing on those rights particularly complicated, especially in… Read More »