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6 Probate Mistakes to Avoid When a family member passes away, we are left grieving and might be confused about what comes next. In certain countries and states, a deceased person’s property is considered an asset that is part of an estate, and upon their death, their estate enters the probate process. But what is...
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What You Need to Know About Incapacity Planning No one knows what the future holds. And while many people see the need for estate planning, very few consider the need for incapacity planning. Estate planning and incapacity planning are fundamentally different. In estate planning, you outline what you would like to happen to your assets...
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There are different types of trusts that you can set up to help you and your family maximize your estate. Choosing the right trust for your finances can help you and your family: Gain tax advantages Bypass the probate process Help protect assets from creditors Control assets What Is a Trust? A trust is an...
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What Happens To My Loved One’s Timeshare After They Pass Away? Many families have timeshares for summer vacations in Florida, but what happens if the owner passes away? Let us explore answers to some of the most common questions about Florida timeshare probate: ● What is a timeshare? ● Does a timeshare go into probate?...
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Ensuring a Secure Future for Your Loved Ones Expressing gratitude and celebrating our loved ones should be a daily practice, not confined to a single occasion. As our loved ones age, they may require assistance to maintain a productive, healthy, and organized life. If you find yourself concerned about your parent’s long-term care or the...
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Estate Planning in Different Countries Do you own assets overseas? Are you a U.S. citizen living overseas with assets in the United States? Do you want to ensure that your national and/or international assets are properly passed on to your beneficiaries? An estate planning and probate attorney who specializes in domestic and international estate and...
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How to Prepare Family for Probate in Florida Estate planning and probate can be a difficult subjects to talk about with family. But preparing your family for probate in Florida is an important step in ensuring that your estate and assets are distributed according to your wishes after you pass away. By taking the time...
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What is Estate Administration? “Estate administration” (also known as probate administration) is a term used to refer to the distribution of assets upon someone’s passing. Oftentimes, assets in an estate are passed on to family, friends, and loved ones of a decedent (deceased person) who has left behind a will. The probate court supervises the...
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Increases to Estate and Gift Tax Exemptions in 2023 Did you know that you can pass a certain amount of your estate and cash gifts to friends and family completely tax-free? History of Estate and Gift Tax Exemptions In 2012, the American Taxpayer Relief Act (ATRA) was the first piece of legislation to allow a...
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