Dealing with the death of a loved one is an emotionally distressing experience, especially if you go through probate court to settle the deceased’s estate. Under Florida law, it is possible to settle smaller estates…
Settling a deceased’s estate in Florida is not an easy task, which requires fair compensation for those who use their time and effort to serve as personal representatives or executors. In this article, you will…
Settling a deceased person’s estate in Florida is not always an easy task, which directly affects the length of time required in the process. The simpler an estate is, the quicker an executor can settle…
Florida residents are free to build estate planning strategies using different legal tools. Considering a solid estate plan must provide rapid solutions in the event of incapacitation, living trusts and powers of attorney (POAs) are…
In a trust, the trust maker (also referred to as “trustor” or “settlor”) transfers the title of assets to a trustee for the benefit of one or multiple beneficiaries. The trustee holds nominal ownership over…
Florida residents have different options to hold the title of real property for estate planning and tax purposes. If one’s main purpose is avoiding probate, it is possible to transfer the title of a property…
Limited liability companies (LLCs) offer Florida residents exceptional flexibility. This unique business structure combines the efficiency and simplicity of sole proprietorships with the liability protection of corporate businesses. In this article, you will understand how…
It is not unusual to find limited liabilities companies (LLCs) owned by married couples in Florida. What happens if the LLC members divorce? Is it possible to separate marital interests from business interests? Keep reading…
In a trust, the trustee (fiduciary) holds nominal ownership of assets on behalf of the trustor (the person who created the trust) for the benefit of one or multiple beneficiaries. Marital trusts are generally used…
Trusts offer distinct advantages for different types of estate plans. If a person wants to avoid probate, set up a credit shelter, prevent beneficiary’s overspending, or protect funds for the benefit of a loved one,…
A trust is a valuable legal tool that permits you to control what happens to your estate in the event of incapacitation or death. One of the main advantages of trusts is the possibility to…
Filing a lawsuit against a Florida trust may be a complex task. Depending on the trust’s purpose and whether the complaint is made against the trustees, it may result in the unenforceability of a judgment…
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