Under a Florida Durable Power of Attorney (“DPOA”), a principal person may give another person (often called an “agent”) the authority to act for the principal on various personal and financial matters. These may include authority such as selling real estate, paying...
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Month: August 2020
What business owners should know about estate planning
A Florida business owner should be aware that their company is just as much a part of their assets as their home and vehicle. If an owner passes away without planning their estate, the state will decide how the business is divided up. It's important for business...
Who is Eligible to Serve as Personal Representative in Florida?
When a formal probate is opened in Florida, the court will appoint a person to serve as Personal Representative (in other states, this is sometimes refer to as an “Executor” or “Administrator”). A common question which we run into in our estate practice is “Who is...
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...
