Real estate can take on different forms of ownership depending upon the number of parties and the unique circumstances involved. Understanding how your real estate is owned, or “titled,” is necessary because this determines the extent of control you have over your real estate, how susceptible your property is to creditors, and what will happen […]
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The top 3 reasons most clients wish to avoid probate are: It is time consuming. The probate process can take anywhere from 6 to 12 months. This means that during that time your beneficiaries are unable to receive their inheritance. Instead the assets held in the estate are subject to potential creditor claims and will […]
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WHAT IS PROBATE? Probate is a court process where a Judge is involved in determining what the decedent owned at their death, who the proper beneficiaries are that stand to inherit the decedent’s assets and getting these assets from the decedent’s estate to these beneficiaries. This is a simplified definition and unfortunately the probate process […]
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With 2020’s arrival I wanted to make clear my commitment to you: moving forward our legal blog will be written in a way that is easy to digest and more enjoyable to read. If you’re anything like me then you likely don’t take the time to read through an entire blog unless the information is […]
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When you are younger and thriving in your career and/or family, it can be difficult to imagine a time when you can no longer earn a living or even manage your own basic affairs. However, it is important to recognize that events can happen at any time – and any age – that impact your […]
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Once you have an estate plan created and in place, it is all too easy to forget about it for years at a time. However, many things happen in our lives that make it necessary to adjust an estate plan, and it is important to review your plan on a regular basis with the help […]
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Whether you are designated as the personal representative of a loved one’s estate, are a beneficiary under a will (or by statute), or believe you should be an heir to an estate, you will be involved in the probate process after someone passes away. With smaller estates, probate may not require that you seek legal […]
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There might come a time for many people when they lose their ability to manage their financial affairs. Remembering to pay bills, making sound investment decisions, or even conducting basic math can become challenging as someone ages and possibly develops a mental disorder. It is important for everyone to have a document called a power […]
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According to the United States Department of Health and Human Services, someone turning 65 today has an almost 70 percent chance of needing long-term care at some point in their lives. When it comes to paying for long-term care, many people assume that their health insurance or Medicare will cover it – and both assumptions […]
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Some estates in Florida do not have to go through the formal probate process. Instead, they can go through a simplified process called summary administration. If an estate qualifies, you might wonder how long the process will take. The answer will depend on your specific circumstances, but generally speaking, summary administration takes about three to […]
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This e-book is packed with useful information on trusts, wills, avoiding probate and more.
