A Revocable Trust provides many potential benefits most of the time. Examples of some of the benefits of having a Trust include: Minimizing lawsuits. When a person dies with a Will only, that Will must be filed with the Clerk. Trusts, on the...
Read moreADVANTAGES OF AN LLC FOR REAL PROPERTY OWNERS
If you own real property (other than your homestead), establishing an LLC should be considered an integral part of your overall estate plan, inasmuch as an LLC will offer asset preservation that is superior to an S or C Corporation. In...
Read moreHOW A PRENUP CAN PROTECT YOU
A Prenuptial Agreement (a/k/a Prenup) is a contract used to keep some (or all) of each spouse’s assets separate in the event of divorce and/or death. It’s an estate law and family law vehicle used in Florida to preserve “non-marital” assets for...
Read moreWHAT HAPPENS TO YOUR WILL FROM ANOTHER STATE WHEN YOU MOVE TO FLORIDA?
When people move to Florida they often ask whether the documents they executed in another state are valid in Florida. The general law in Florida is that if a Will is validly drafted and executed in the prior state, it is valid in Florida. ...
Read moreTHE NEED FOR A DURABLE POWER OF ATTORNEY IN FLORIDA
As long as you are mentally able to administer and make decisions about your finances, you might not consider the importance of having a power of attorney document. However, unforeseen events such as accidents or illnesses may result in...
Read moreMEDICAL POWERS OF ATTORNEY FOR ADULTS AND CHILDREN
An unexpected accident or medical/health emergency can happen to anyone at any anytime. Whether due to an illness or as a result of an unexpected circumstance, situations occur every day which render persons of all ages incapacitated and unable...
Read moreCONSIDERATIONS TO AVOID PROBATE OF YOUR CAR, BOAT OR RV
If a person is married, there are certain circumstances under which a car, boat or RV can be distributed to a surviving spouse without probate. How can married couples who are covered under the same insurance policy avoid probate exposure...
Read moreTHE DANGERS OF TITLING PROPERTY WITH ANOTHER PERSON
When clients first come in for an initial consultation, they will sometimes ask about the idea of titling their real property or other assets jointly with their adult child or another person (known hereafter as co-tenant). Although joint...
Read moreSPOUSAL RIGHTS AND RESPONSIBILITIES ACQUIRED UPON MARRIAGE
When a person marries or remarries, each partner assumes legal rights and responsibilities. Among those is one found in the Florida Constitution, which protects each spouse’s homestead right, so that spouses will not be left without a home. ...
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