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- Wills, Estates, and Trusts
A personís estate is comprised of everything you own, including your car, house, bank account, life insurance, personal possessions, and retirement account. Estate planning is the process of arranging to distribute your possessions upon your death. It does not need to be expensive or complicated, and knowing your family is taken care of can give you peace of mind.
- What Is Ancillary Probate?
Ancillary probate is a mechanism of having two probate proceedings going on at the same time in different states. Whether a personís estate will be subject to ancillary probate depends on the status of the property he or she owns and state law.
- Benefits of a Florida Land Trust
A Florida land trust is a legal agreement under which the title of real property is vested to a trustee. The beneficiaries of the trust direct the trustee on how to maintain the property. The trust also allows the beneficiaries to collect rent without holding legal title to the property.
- What is Florida Probate?
Florida Probate Guide - a discussion of the different types of probate options in Florida.
- Four Grounds to Contest a Will
Simply being unhappy with the distribution of assets or the delay of the probate proceeding in general is not sufficient grounds to successfully contest the validity of a last will and testament. An heir of an estate or a beneficiary of a prior will can commence a will challenge based on a number of enumerated grounds.
- Knowledge Is the Best Weapon Against Uncertainty
As you embrace your life changes and follow the goals you set, we would like to encourage you to include Estate Planning on your list. Most of us do not realize the importance of having a Last Will & Testament, a Living Will with Medical Surrogate, Prenuptial/Post-nuptial Agreements, or a Power of Attorney until it is too late. Do you know which option would suit you and your family best?
- Grounds and Procedures for Contesting a Will
A personís Last Will and Testament declares how he or she wants property distributed upon death. This legal document has great power, and courts follow the directions when possible. However, a will contest can disrupt probate proceedings and derail them entirely.
- Contesting a Trust
While many individuals have heard of contesting a will, a trust may also be contested in certain circumstances. If a trust is successfully contested, the trust can be modified or even eliminated in some situations.
- Having a Plan for Your Family Is the Right Thing To Do
For most people, Estate Planning is a mystery; for others, itís simply not a priority for the simple reason that there is always time to do it ďlaterĒ. Most individuals consider Estate Planning to be an issue for elderly individuals. Unfortunately, it applies to all individuals in any walk of life because we are never promised tomorrow.
- Debunking Two Common Florida Probate Myths
People unfamiliar with Florida probate law can make some unfounded assumptions about what happens to debt and property after a family member dies. Here are two of the most common myths and the actual facts.