Complex Legal Challenges
A Trustee is a fiduciary who is held to a high standard when it comes to administering a Trust. In particular, a Trustee has a duty to act in good faith and in accordance with the terms and purposes of the Trust and of the interests of the beneficiaries. A Trustee...
As you face a legal dispute, you may want to consider alternative dispute resolutions. Getting to know your options gives you the opportunity to work through your issue in a manner that will support healthy relationships and positive outcomes. Your attorney will be...
When a person dies resident in Florida and a probate is opened, one of the first steps taken by the court-appointed Personal Representative is to publish a “Notice to Creditors” in a local newspaper. In addition to publication, the Notice to Creditors is served by...
By Michael Lins of Lins Law Group, P.A. posted in Estate Planning on Friday, January 31, 2020. In Florida, one of the benefits of having a Revocable Living Trust ("Trust") is that your Estate can avoid probate. However, despite being a huge benefit, this is not the...
Much like it is never too soon to think about estate planning, it is never too early to think about the future of your business. Even if you’re in the prime of life, enjoying the height of success in your business, it is smart to set up a succession plan for the...
A loved one has passed away and after a few weeks you receive a package from a probate attorney's office. Inside the package are several official looking documents along with a cover letter asking that you sign and return a Consent to the enclosed Petition for...
In Florida estate planning, a commonly used instrument is a "Living Trust" (also called a "Revocable Trust" or a "Revocable Living Trust"). In this blog, we will simply call it a "Trust." There are multiple benefits accomplished by establishing a Trust, including...
Tom and Cathy (an imaginary couple) are married and have no children together. Tom has two adult children from a prior marriage; Cathy has no children. The couple reside in a Florida home which Tom owned before they got married. As a result, title to the home is only...
Estate planning involves having certain documents in place to protect your loved ones and you in the event of illness, injury, incapacity or death. These may include a Will, a Trust, a Durable Power of Attorney and a Living Will, Establishing an estate plan is not...
If you own an IRA account, you will usually name a person as beneficiary to receive the IRA at the time of your death. In most instances, the beneficiary can roll the IRA over into an IRA in the beneficiary's name and also defer taxes by withdrawing the funds over...