The death of a loved one is understandably a stressful time for families in Florida. Not only do they have to deal with the emotional aspect of losing a loved one, but they also have to deal with the complexities of probate administration. An attorney can guide both...
Month: May 2016
Estate planning involves determining how to divvy up assets
Many people steer clear of the estate planning process simply because they prefer not to discuss topics related to death. However, estate planning is one of the most important processes to complete. It is also one of the most complicated. The question that many people...
Estate planning involves creating wills, trusts
The search continues for the will of the late musician Prince. Without it, his family will have to rely on a probate court's decisions regarding what will happen to all the assets he left behind. The ordeal calls attention to the importance of estate planning, which...
Examining some of the most common estate planning mistakes – II
Last time, our blog began discussing how as many as two-thirds of all adults here in the U.S. have failed to execute a simple will, all but ensuring that their state will determine how their assets are ultimately divided.We also discussed, however, that the failure to...
Examining some of the most common estate planning mistakes
Last week, our blog discussed how much of the world was not only shocked by the sudden passing of Prince, but also by his failure to have executed even a simple will. Indeed, his estimated $300 million estate is currently at the center of a brewing legal battle among...
What are the alternatives to formal probate? – II
In our last post, we began discussing how those who have elected not to execute an estate planning instrument designed to avoid the formal probate administration process still have options. Specifically, we examined disposition without administration, one of two...
What are the alternatives to formal probate?
As we've made clear on our blog time and time again, probate can prove to be an incredibly complex process requiring both time and money, and a significant investment of emotional energy by loved ones.While we've also discussed how the execution of certain estate...
Guardianship can prove helpful in certain scenarios
When people in Florida are concerned about incapacitated family members, guardianship might be appropriate for their situations. Different types of guardianships exist with the purpose of ensuring that people's loved ones receive necessary care. There are three common...
