A Last Will and Testament is like a Living Trust in many ways, but they do have certain differences as well. To understand these similarities and differences it is important to understand the probate system in Florida. Probate is a court-supervised process where there is an identification of the assets of the deceased, payment of his or her liabilities and distribution of those assets to the legal beneficiaries. Read More
What Happens When You Pass Away Without A Will In Florida?
If you live in Florida and pass away without a will, then your assets will be distributed to your relatives under the intestate succession laws. What are the assets that are included as intestate succession? Many of assets that would have passed through your will, are affected by intestate succession. These are mostly the assets that you own wholly, in your name. Some of your assets may not be necessary to probate Read More
Protecting Your Family Through Probate
Probate can be one of the most important consequential court processes related to your passing. Even if you have a will, the probate process may still be necessary and can result in some unintended consequences leaving your loved ones with the added stress of distributing your assets and paying your debts from the estate. Taking this one step further, your will could even be contested in court if not properly Read More
The True Purpose of Estate Planning
Whether you are approaching retirement age or are simply thinking about your family’s future finances, estate planning is something that should be at the top of mind. Why is this? Ultimately, it comes down to this simple fact. Estate planning can go a long way in preserving your wealth while minimizing potential tax payments. Especially if you have created significant wealth in your life, estate planning can ensure Read More
First Steps in a Family Law Case
Family law is an extremely expansive area of law, as it can encompass everything from marital disputes to adopting a new member of your family. In nearly every circumstance, family law litigation involves life-altering decisions and outcomes. Because of this, it is critical to work with your attorney to manage your expectations and prepare for a wide range of outcomes as the court has a lot of discretion in family Read More