If you created an estate plan, you are well ahead of many Palm Beach residents. You took the time to plan what you want to happen during trust and probate administration after your death. However, depending on what has happened in your life since you created that...
When drafting a will in Palm Beach, accounting for all of your assets may seem an obvious step. Having a solid plan for the disbursement of your assets after you die should take a relatively high spot on your to-do list. What happens to your debts upon your death? Are...
Palm Beach parents do what they can to protect and provide for their children. For those who want to make sure they continue to do so in the event of their death, they may decide to take out a life insurance policy that benefits the children. The way that the...
When it comes to closing out the estate of a deceased loved one, numerous tasks require the attention of surviving family members. In order to make sure that nothing is missed during the Palm Beach probate administration process, it would probably make sense to make a...
One of the primary duties of a Palm Beach executor is gathering all of the decedent's property. In most cases, he or she can look to the estate-planning documents for clues as to what property there is and where it may be located. However, if a plan fails to include...
It could take months or even years to close out an estate. Many Palm Beach residents hear that when a loved one passes away. Fortunately, not all probate administration takes that long. In some cases, it could happen more quickly. Florida has what is called a summary...
If you have agreed to become the executor of someone’s Florida estate or the trustee of his or her trust, you have assumed a fiduciary role whether or not you realize it. While you may have many fiduciary duties depending on the specific provisions of the will or...
When you accepted the task of serving as executor to your loved one's estate, you may not have fully understood the breadth of the process you would undertake. Now that your loved one has passed away, you may be searching for answers to your questions regarding...