One of the key elements of a Florida estate plan is accounting for the possibility that you could suddenly become incapacitated. Aside from its emotional impact, a family member’s sudden incapacitation can wreak havoc on a family for many reasons. For example, if you can no longer make important life decisions surrounding your own finances, medical decisions, or legal rights, it […]
When most people think about property rights, they think about who currently owns the property. In estate planning, this is referred to as a present interest. However, present interests are only one-half of the equation when it comes to property ownership. Future interests are just as important, especially when creating a Florida estate plan. Understanding future interest is crucial to effectively implementing one’s wishes […]
By any measure, 2020 has been a very difficult year. However, we can learn from even the most challenging experiences. One thing that 2020 has taught us is that nothing should be taken for granted. Whether it be our own health or the health of loved ones, nothing is certain. As we move closer to the end of the year, when […]
When a loved one dies, the court must first probate their estate before any estate assets will be distributed. Probate is the process by which the court formally recognizes a person’s death, validates their will, appoints an executor, and eventually distributes the estate assets according to the will’s terms.
If you recently had a close loved one pass away, you will likely have many questions regarding […]
Losing a loved one is always a very challenging and emotional time. Grieving family members are dealing with their feelings of loss, and may not initially be thinking about what will happen with their family member’s assets. However, it is essential to stay on top of what is happening with the deceased’s estate. Probate matters are public record. In many cases, family members can […]