Tampa Law Blog
Include digital assets in your estate plan
When many people think about drafting a will or creating a trust for distributing money, a house or even a business, most only consider those tangible possessions and who will receive them. That’s understandable as estate plans almost always comprised only property...
Understanding the probate process and asset distribution
The reason why the public is encouraged to get their affairs in order before they pass away is so that their assets are distributed according to their wishes. The process of ensuring that each asset makes it to the correct heir is called probate. If all the...
In this COVID ERA: Who can speak for you? Who can act for you?
In this era of COVID-19, many of us have been alerted to the fact that we could become suddenly ill and be unable to speak or act for ourselves. If you are an adult and you become incapacitated, who can speak for you on important issues such as healthcare and medical...
Why a trust may be useful in some estate plans
When people in Florida are creating an estate plan, they might want to consider using a trust instead of a will as the main vehicle. There can be a number of advantages to a trust. Assets in a trust do not have to go through the probate process, which can take months...
Why and how to create an estate plan
People in Florida should consider creating an estate plan even if they think they are too young for one. Without an estate plan, a court may make a decision about how a person's assets will be distributed along with who will care for their children. A court may also...
Deposit of Last Will and Testament with the Clerk
When a person dies resident in Florida, their original Last Will and Testament (“Will”) must be deposited with the Probate Division of the Clerk of Court of their county of residence. The applicable statue governing this procedure is Section 732.901, Fla. Stat....
Is a Trust the Same Thing as a Will?
In our estate planning practice, we often are asked whether a Trust is the same thing as a Last Will and Testament (“Will”). If fact, many times we hear clients refer to them interchangeably. However, a Will and a Trust are not the same. Understanding their...
Three essential estate planning tools and tips for high-asset plans
One thing that most of the world does not understand is the complications that arise in high-asset estate planning. Most people think that increased assets means nothing more than additional zeros at the end of every figure. This could not be further from the truth....
How to choose executors and trustees
People in Florida who are creating estate plans might wonder who they should appoint for certain roles in a plan, including the executor and trustee if needed. Executors and trustees do not need to be experts in legal issues or finance, but they should have a good...
What is product liability law?
Each year, individuals in Florida and across the United States become injured by dangerous or defective products. Product liability law refers to a set of legal rules that determine who is responsible for creating a dangerous or defective product so the injured party...
