Beneficiary designations on your financial accounts can provide a quick alternative to traditional estate planning strategies by making sure your accounts are not subject to probate, thus preserving your wealth and preventing unnecessary court expenses and proceedings.
Generally, it is recommended that your estate planning documents, including your revocable trust, are reviewed at least once a year. This is especially important if you have experienced any significant life changes.
Florida law allows homeowners who use their Florida home as their residence to claim a homestead exemption. The Florida Constitution provides a tax-saving exemption by reducing the taxable value of real property by up to $25,000, and $50,000 for a married couple. Florida
A foreclosure is the legal process in which the lender attempts to recover the balance of a loan by forcing the sale of the property used as collateral for the loan. Foreclosure occurs when the homeowner is unable to make mortgage payments to the lender. A homeowner has a few options to avoid foreclosure.
The short answer is: “It depends.” This is the first question we are asked whenever we are dealing with a
In Florida, it is very common for individuals to own second homes in other counties, or to have nonresidents own
Losing a loved one can be devastating for any family, but even more so when you lose a spouse. Even
Under Florida law, you cannot intentionally disinherit your spouse unless your spouse agrees to receive nothing from your estate in
A Totten Trust is a type of estate planning mechanism more commonly known as a “Payable-on-Death” (POD) account or an
What is an Intentionally Defective Grantor Trust? An “Intentionally Defective Grantor Trust” (IDGT) is a tool used for strategic estate
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Esta es una guía rápida de referencia jurídica que cubre 16 temas que cada empresario necesita saber para empezar un negocio.
