Something you've heard about in the past and are interested in creating is a living trust. A living trust is an excellent way to pass on your investments, assets and property after you die and is sometimes used in addition to or in place of a final will.With living...
Month: April 2020
What happens when you die in Florida without a will in place
Time waits for no one, and death can happen at any time. Why leave one's heirs or loved ones with questions as to what to do with your estate? When someone dies without a will, intestate succession laws come into play. Those laws can be very complicated, and the...
What do I do if a beneficiary dies during the probate process?
The death of a loved one can be difficult for all of us. However, the death of a loved one's beneficiary during the probate process can be quite unexpected as well. It can complicate matters for you as you try to administer a Miami testator's estate.When someone dies,...
Do I owe any estate or inheritance taxes in Florida?
It's not uncommon for a beneficiary to have to pay an inheritance tax on any estate assets that they receive when someone dies. An inheritance tax is different from an estate tax. The former is a rate that an heir is assessed based on the value of an inherited item...
Steps that you can take to avoid the Florida probate process
When someone dies, the executor of their estate locates and files their will with the probate court in the Florida county where the decedent resided at the time of their death. You don't avoid the probate process by not having a will in place. There are, however,...
