Tips for Settling Your Florida Estate Out of Court Court processes can not only be tricky but also drag on for weeks or even years. They can take a huge toll, financially and emotionally, on all parties involved. This gets specifically messy when it comes to probating an estate after a family member's death. Children, [...]
Florida Last Will & Testament FAQ A will is a vital document that ensures those left behind are saved the trouble of financial hardships and uncertainties. A will prevents endless fighting over assets by outlining the deceased’s final wishes, primarily how he or she would have wanted to distribute their estate if they were still [...]
What is Florida Trust Decanting? Trust decanting is a legal term coined from wine decanting itself. This is a process whereby wine is poured (decanted) from one container to another to isolate the solid residue which is left behind. This residue is disposed of because it's considered the unwanted bit of the mixture. Similarly, trust [...]
Estate Taxes 101 It is the tax that kicks into effect upon the death of a person while handing down their estate (which could be money or property). However, it’s not always the case that the beneficiary of the property transfer has to pay an estate tax. If the value of the assets in question [...]
Transferring Property Upon Death in Florida Naturally, the laws on inheritance vary from one state to another. However, there are a few laws that remain commonplace across the board. Summary and Formal administration are the "standard" forms of probate administration. These govern deaths for residents of the entire state of Florida, although there are other [...]
