If a person has left behind multiple wills, it can form grounds for a contest in court to determine the will that is valid. A major question in this kind of litigation is to find out which will is the most current document and is the rightful expression of the wishes...
Protecting
Your Legacy
Florida Legal Blog
Month: June 2022
5 types of trusts to consider when deciding if you want a trust
Several factors merit consideration to ensure a trust aligns with your best interests. For example, a trust can serve various purposes, such as asset protection, estate planning or charitable giving. Understanding your goals and circumstances will help determine the...
What methods can determine commercial property value?
Buying property for a Florida business involves more complicated questions than purchasing residential real estate, particularly in the area of valuating property. It is not always easy to figure out how much commercial real estate should cost, mostly due to the...
Common estate tax mistakes and how to avoid them
Estate taxes can be complex, but with careful planning, you can minimize the tax burden on your estate and ensure your assets get passed on smoothly to your heirs. By addressing the most common mistakes, you can take control of your estate planning and protect your...
How to transfer assets while avoiding Medicaid penalties
People who help an elderly relative with financial or medical matters may prepare for the older family member to someday get Medicaid coverage for long-term care. However, you should be careful that your loved one does not incur penalties because of the five year...
Why you need a will if you trust someone to follow your wishes
Some people think a will is unnecessary if they trust a loved one to carry out their wishes. However, regardless of trust, a will remains important. It is a necessary tool for protecting your assets and ensuring that everyone honors your final desires. Avoids disputes...
Estate planning changes when a minor child becomes an adult
It can be a time of celebration when your child reaches adulthood. It is also a time for some business. For instance, you should review estate planning documents to ensure they reflect the new circumstances. You can also help your child with their own estate planning...
Common problems encountered in real estate closings
Buying or selling a home can be an exciting but challenging process. Real estate closings, where ownership transfers from the seller to the buyer, often come with their share of issues. Understanding and addressing these common concerns can help make the closing...
Reasons to create an estate plan and avoid probate
Probate might sound like a big, fancy legal term, but it is something you might want to consider avoiding. After you read the information provided below, you will see why and along with your attorney, make an education decision. What is probate? First of all, probate...
5 common estate planning mistakes to avoid
Estate planning plays an important role in ensuring the proper distribution of your assets after you pass away. However, many individuals make avoidable errors that can jeopardize their intentions and create unnecessary complications for their loved ones. By...