Most people are aware that having a comprehensive estate plan in place is very important to avoid potential legal hardship. However, it is also important to understand what will actually take place if you die without a will. A person who dies without a will has died...
A will challenge can be one of the most acrimonious kinds of lawsuits. In fact, it can tear your family apart. You therefore need to carefully consider whether or not you really want to mount one. Is all the strife really worth it? FindLaw also cautions that you must...
The high number of retirees in Florida does not mean everyone has a will or estate plan in place. Even if a person does have an estate plan, there may have made mistakes that can cause issues once they pass away. Avoiding these common errors in the estate plan can...
Everyone thinks a will provides for the future of their loved ones. But a will means probate court plays a role in dividing your assets in ways that may not follow your wishes. That is why you also should consider establishing a revocable living trust. A trust gives...
According to Psychology Today, undue influence occurs when an uneven relationship dynamic exists that places an elderly individual at an increased risk for manipulation to the point where he or she acts against his or her own best interests. Undue influence is a...
Florida residents may wish to have a trust. They have many different uses. There are also many types of trusts that cover varying purposes. Today we will look at some of the types of trusts that are common. First, most trusts fall into two categories: revocable and...
Probate is an often misunderstood process. Many people fear it because of the many misconceptions about it. However, probate is a good thing that ensures when you die that things happen according to your wishes. There are many people involved in the process to ensure...
You may have heard of the term ancillary probate. According to LegalZoom, ancillary probate occurs when your loved one dies in one state and they own real estate in another state, for example, Florida. This only applies to real estate. It does not apply to personal...
Summary administration is governed by Chapter 735 of the Florida statutes, and it is entitled to small estates. This may be a misnomer because it is not just small estates that can qualify for summary administration. According to theBalance, other large estates...
As the executor of an estate, you have many important duties that you must carry out and a lot of responsibility on your shoulders. The person who put you in charge put a lot of faith in you to properly manage the estate. This means you will want to do everything...