Florida also has a new equitable distribution statute that went into effect July 1. Even if you own your own house and you marry, your new spouse is entitled to the pay down in your mortgage during the marriage even if you paid it from only your income. And, if the house appreciated they statute gives them an entitlement to that appreciation.
Having already been through a […]
Since the Information Age dawned around 1990, a new type of asset gradually moved to the forefront of legal discourse: the digital asset. What began with online diaries has now grown to include entre businesses with no offline presence as well as Bitcoin accounts worth millions of dollars. Traditional Florida probate law was simply not set up with digital assets in mind.
In response to this […]
To accept appointment as the trustee of a trust is to undertake a position of great responsibility and significant potential liability. Abuse of these duties can do real harm to beneficiaries as well as violence to the intentions of the trustor who founded the trust in the first place. Trustees should be chosen with care, and their responsibilities should be fully explained to them.
The duties […]
Raising children has always been expensive. Paying for basic necessities, sports and hobbies, family vacations, and the unexpected events in life quickly adds up. New generations are also faced with the prospect of paying for college, an expense that grows more and more out of hand with each passing year.
Tuition prices have soared over the last […]
If you’re planning to use your estate to make gifts in Florida, you need to know about the tax implications of gifting and your estate and how to leave gifts to your heirs and beneficiaries without paying taxes. If you think you will need to use Medicare or Medicaid to pay for your medical or care expenses in […]