Many people put off their Estate planning, and it’s often a mistake. It’s an easy point – prior planning will prevent mishaps later. Do you need a will, or is a trust a better option? Do you need to transfer assets now, or is it better to wait? Answering these questions now will prevent headaches … Read more
Wills are an important part of everyone’s planning. They are easy to prepare. And they are simple to revise. Once made, you have outlined how your assets should be distributed. But without one, you may be leaving it to chance. Florida, like all States, has something called “intestacy” laws. These laws outline how assets are … Read more
It’s officially a new year, and that’s a good time to do some estate planning. Consider it part of your early Spring cleaning. However, instead of cleaning out the old closets, you’re cleaning up what happens when you pass away. If you already have a will, start by making sure you know where it is … Read more
Probate cases involve the handling of a loved one’s assets after he or she passes away. In Florida, there are two primary kinds of probate proceedings. They include summary probates, which is a quicker process for smaller estates. And formal probates, which are more involved and require the use of a personal representative. Summary probates … Read more
Many people come to our office with questions about whether they should have a will versus a trust. It’s important to know the distinctions between them. The biggest difference is based on when they take effect: wills do not become effective until the person who wrote the will (commonly called the testator) has passed away. … Read more