If you are named as the executor in a will, or if you are the closest living relative of someone who has died without a will, you may be responsible for handling their estate. This can be a complex and time-consuming process, especially if the estate is large or there...
In Florida, probate is a court proceeding where the estate of a deceased person is administered and distributed to the decedent’s beneficiaries. Typically, filing probate involves hiring an attorney who prepares certain required paperwork which is then signed and...
The average American household has thousands of dollars in credit card debt. Many people also have student loan debts and other financial obligations, like debts for medical care. They spend a significant amount of their monthly income paying down those debts. You...
Aging alone is not a new phenomenon but is much more prevalent today than it was several decades ago. More people than ever never get married, and many who do decide not to have children. Other times, someone ends up alone due to the death of a spouse or family...
The process of writing a will is often painstaking. When you decide to create your will (and you should), you do so with the goal of protecting your loved ones’ future while eliminating any uncertainties that may arise regarding your estate. However, there are...
In most Florida estate plans, there are six essential documents which you should have in place. These include the following: Last Will and Testament. This document allows you to appoint a Personal Representative to oversee your probate estate and to designate your...
Sometimes, even the most cautious drivers cannot avoid an imminent vehicle accident. The danger seems to come from nowhere, leaving motorists with no means of escape. Accidents and collisions happen for many reasons, but learning about potential crash risks improves...
Adding a new member to the family is a complication even in the best circumstances. When a child has a disabling medical condition, the entire family will likely need to make adjustments to their lifestyles to support the family member with special needs. Parents of...
At some point along your estate planning journey, you must name a trusted agent to manage your affairs after you die. In a best-case scenario, you can choose someone with prior estate executor experience, but this is not an option for many. First-time estate executors...
A Durable Power of Attorney (“DPOA”) names you as agent or attorney-in-fact to act for the person who executed the DPOA (the “Principal”). You go into a bank intending to transact some business on behalf of the Principal and when you present the DPOA, you are told...