The Potential Benefits of An Estate Plan

September 19, 2020

Creating a will or trust may help you to avoid Florida intestacy laws that dictate where your assets go if you die without an estate plan. In addition to giving you more control over your property after you pass away, it can help you achieve various objectives during your lifetime.


Estate Plans Can Help You Provide for A Spouse or Child

You may be able to leave assets to a spouse, child or other family member through a will or trust. Providing gifts to an adult child, spouse or other individuals may enable you to improve their lives while also minimizing gift or estate taxes after you die.



Designate Someone Who Can Manage Your Affairs

Creating a trust can make it easier to manage your affairs if your become incapacitated. This is because you can appoint a trusted individual to oversee your assets, make sure that bills are paid or take care of other tasks on your behalf. You can also appoint an individual under a power of attorney to oversee your medical treatment while you are mentally or physically unable to do so on your own.


Review Your Estate Plan Once a Year

There is a chance that some or all of your estate plan could be rendered invalid or obsolete as time passes. Therefore, it is a good idea to review your plan once a year to ensure that it still meets your needs as it is currently structured.


Creating a will or trust are among the basic estate planning steps that may help you gain more control over your assets. An attorney may be able to help you create these plan documents or learn more about the potential benefits of having them.

Title Disputes: When One Party Doesn’t Want to Sell

December 7, 2022
If you co-own a property and want to sell, but the other party doesn’t, you may wonder what your legal options are. The situation is quite common. When co-owners do not agree on the sale of the property, they may feel that litigation is the only option to resolve the dispute. However, that is not correct.

Necessary Inclusions in a Real Estate Contract

March 31, 2021
Real estate purchasers in Florida are often at a loss for understanding what conditions of the sale should be established in writing and included in the deal. Real estate transfers can appear as relatively simple transactions, but the truth is that they can be very complicated when misunderstandings exist between contracting agents. Although there are multiple details that should be included, there are three primary components that must be spelled out in writing for all parties.

Who Can Be a Trustee in Florida?

March 3, 2021
Trusts can be a great tool for estate planning. In a trust, one party puts assets into an instrument that a trustee manages. This individual looks after the funds until they pass to a beneficiary. In Florida, almost anyone can be a trustee as long as he or she is an adult of sound mind. A corporation, like a bank, can also act as a trustee. So can a professional, like a lawyer. In some cases, testators choose a family member or friend to be a trustee.

When Can You Contest a Will?

March 3, 2021
Your loved one’s will in Florida doesn’t have to be the last word on their estate. You can’t contest the will because you don’t like the outcome, but you could contest the will if you suspect that it’s not legally binding. A judge might use an earlier version of the will or distribute your loved one’s assets according to state law instead.

Best Time of Year to Sell a Home in Florida

February 8, 2021
Many people looking to sell their home falsely believe that they have a short window to do so each year. However, sellers in Florida should inform themselves of the benefits of marketing their home during every season.

Commercial Real Estate Investing in Boca Raton, FL

January 14, 2021
Commercial real estate also referred to as CRE, has recently become a more popular choice among real estate investors thanks to its growth potential and ability to provide passive income. If you are considering investing in CRE in Boca Raton, Florida, there are certain things you should know before you begin your career as a real estate investor.

The Drawbacks to A Do-It-Yourself Estate Plan

December 30, 2020
People in Florida who are wondering whether they should simply write their own will or estate plan without seeking legal assistance should keep in mind that not everything that is permissible is necessarily a good idea. Preparing a do-it-yourself estate plan might be one of those things.

Reasons Why Your Estate Might Be Subject to Probate

December 22, 2020
If you are a Florida resident when you die and own any property in your own name without naming a beneficiary, your estate will be subject to administration, also known as probate. This is generally true whether you die with or without a valid will. A probate proceeding may also need to be initiated if you own real estate with another person. However, probate may be avoided by owning property in a revocable living trust.

Is DIY Estate Planning a Good Idea?

December 15, 2020
Planning your will in Florida allows you the opportunity to make sure things go smoothly for your family members after you pass. An improperly or incorrectly executed will could end up failing to achieve your goal of having your wishes followed.

Understanding the Process of A Commercial Real Estate Disposition

November 11, 2020
There are many moving parts within the commercial aspect of Florida real estate. Some aspects can be used to improve a home’s value while others allow the owner to utilize the property for the pursuit of a business venture. Of these includes the disposition of real estate. This is when you liquidate property to obtain additional cash. The following includes further information on this term as well as tips on how to properly navigate it to ensure the best results possible.