The contents of your will, from creditors you owe to chosen beneficiaries, are deeply personal matters. You realize the importance of maintaining their confidentiality until your executor needs to step in. However, this privacy is short-lived. Once you pass, the...
If you are put under a conservatorship, a court-appointed person manages your estate, including your business. This means that you are presumed mentally incapacitated, incapacitated or missing. How could I lose my business to a conservatorship? Losing your business to...
When making plans concerning your estate, you could already have someone in mind as the personal representative. This person conducts tasks on your behalf, affecting the estate you left behind after death. This role has an extensive list of duties, including...
Probate administration, the legal process of settling an individual's estate after their passing, often carries a veil of mystery and misunderstanding. Dispelling some prevalent myths surrounding probate administration can help you feel more in control during this...
Even the healthiest people may eventually develop a medical condition or illness that prevents them from caring for themselves. That is why it is so important to prepare for this possibility by choosing someone to make medical decisions on your behalf if you are no...
If you are thinking about estate planning or already started, you likely have run into the term probate. This is a legal process in court that can devolve into litigation. As a result, the probate process can quickly become a costly and time-consuming process. Plus,...
Are you surprised by the estate plan that your loved one left behind? Were you left with less of an inheritance than you expected as a result? If so, then you need to take a closer look at the circumstances surrounding the creation of your loved one’s estate plan to...
The court must determine if a will is valid and legitimate before authorizing an estate administrator to execute the will's instructions. For a will to be valid, the testator must have been of sound mind and body when they signed it. However, some people, even family...
Individuals often seek to ensure their personal and financial matters remain in trusted hands, especially when they cannot handle them personally. A power of attorney is a legal document that allows someone (the principal) to grant another person (the agent) the...
In Florida, estates can either go through formal or summary probate administration. This might be confusing to some who only understand probate as a general concept. The following basic guide to the two processes can help you understand their difference better....