Recent Blog Posts
Where to Store Important Estate Planning Documents
Creating a comprehensive estate plan is a very important and responsible thing to do. However, having an estate plan in place does little good if your personal representative, power of attorney, or lawyer cannot find them after you pass away. If no one can locate your estate planning documents, there may be a legal… Read More »
How Does Seller Financing Work?
Seller financing is a flexible alternative to conventional mortgage lending in Florida. Many people are unsure of what seller financing is, the advantages and drawbacks of this alternative, and how it works. While seller financing is a good option for many people, it is important to fully understand it before entering into an agreement…. Read More »
FAQs About Summary Administration Probate in Florida
After a loved one passes away, no family wants to go through a long and drawn-out probate process. Fortunately, this does not always have to happen. Smaller estates may be eligible for summary administration probate. However, this type of proceeding is not always practical and it is also not for everyone. For this reason,… Read More »
Understanding Lady Bird Deeds in Florida
Lady bird deeds throughout Florida, are unique. They allow property owners to retain, use, and control their property during their life and then give it to a beneficiary after their death. While people can do this using their will or another part of their estate plan, a lady bird deed helps beneficiaries avoid the… Read More »
When Should You Review Your Will?
Drafting a will is a very responsible thing to do and can ensure your last wishes are fulfilled and that your loved ones are taken care of after you pass away. Once you have created a will, you may simply leave it in a safe or another secure area and not think of it… Read More »
Understanding the Duration of Ancillary Probate in Florida
If an individual who isn’t a Florida resident owns property within the state and passes away without a proper estate plan in place, an ancillary probate process in Florida becomes mandatory. This is often in addition to the primary probate proceedings in their home state. Duration of Florida’s Ancillary Probate The duration of an… Read More »
The Different Kinds of Non-Probate Assets?
Probate Estate Considerations and the Benefits of Non-Probate Assets in Florida Initiating probate for a deceased’s estate is a standard procedure in Florida, typically necessary when estates exceed $75,000, have outstanding debts, when disputes among heirs arise, or when asset profiles are complex or contain unknown elements. However, many may not recognize the potential… Read More »
Who Gets Paid First From an Estate in Florida?
Administering a Probate Estate in Florida: Duties and Order of Payment Upon death, an estate undergoes probate, where a personal representative—commonly referred to as an executor—is appointed by the court to manage the decedent’s estate, addressing all assets and liabilities. If the decedent has passed away intestate, lacking a will, the court is tasked… Read More »
Which Type of Property Is Subject to Ancillary Probate?
Ancillary Probate for Non-Resident Property Owners in Florida Ownership of property in Florida by non-residents is a common occurrence, particularly among those from colder climates seeking a warmer abode during winter months. Florida properties may include houses, condominiums, vacant land, or timeshares held solely in the non-resident’s name. Upon the death of a property… Read More »
How Long Does Ancillary Probate Take in Florida?
Guidance on Ancillary Probate for Non-Resident Decedents in Florida When individuals who are not Florida residents pass away while possessing property within the state, it necessitates the initiation of an ancillary probate proceeding in Florida. This is in conjunction to the primary probate process conducted in the decedent’s state of residence. Duration of Ancillary… Read More »