In Florida, the person who is appointed to administer a deceased individual’s estate is referred to as the decedent’s “personal representative.” While personal representatives have a number of obligations, they have some important rights as well. This includes the right to receive a share of the decedent’s estate if they have been named as a beneficiary in the decedent’s will.
In fact, not only is it […]
For many people, downloading a do-it-yourself will can seem like an attractive option. It costs less than hiring an attorney, it is easier than hiring an attorney, and it can be done in a matter of hours – if not minutes. You don’t have to take time off from work to go to an attorney’s office, you don’t have to tell some stranger about your finances […]
As you navigate the important process of organizing the eventual administration of your estate, it is essential that you have a solid understanding of the distinction between probate and non-probate assets. Preparing for future probate matters can be a complex and highly-involved undertaking, but having a solid grasp of this concept will help alleviate some of the inherent stress and uncertainty that is typical for those […]
Formulating a comprehensive estate plan should entail addressing all of your valuable assets. And if you are the owner of a rental property, it should also include the necessary asset protection measures to safeguard your future. For the majority of clients, a complete estate plan consists of three broad main categories:
Additional assets, including rental property, life insurance accounts, retirement […]
It is an all-too-common misconception that a trust is a sophisticated legal instrument reserved exclusively for only the wealthy. The reality, however, is that trusts are one of the most commonly used estate planning arrangements with a proven track record for being a highly reliable method of ensuring an individual’s final wishes are implemented correctly.
Regardless of age, amount of assets, or family size, everyone should […]