Estate planning for families with special needs children can be a complex and delicate process. It is not just about protecting the child's well-being and financial security. You would also want to preserve their eligibility for needs-based public benefits....
Crystal River Florida Legal Blog
Will All My Assets Go Through Probate?
People who own large estates, especially those with valuable non-exempt assets worth over $75,000, may worry about what will happen to their estate during the formal estate administration process. Probate is notoriously lengthy and costly. Your loved ones may have to...
Providing For Your Pets With A Trust
For many of us, pets are part of our family and when we leave this world, we want to make sure they are taken care of. There is an option to create a pet trust, which will ensure they have the financial resources they need. Creating a pet trust The first step is to...
Creating An Accurate And Valid Florida Estate Plan
With winter approaching, many older residents in the northern states travel to Florida to spend the cold months. While some make a complete move to the state following retirement, others seek to maintain two households to spend the different seasons. While owning...
Worrisome Pedestrian Fatality Numbers Spark Safety Initiatives
Many pedestrian accidents stem from driver recklessness and illegal behavior. With severe injuries and death, people who have been impacted need to understand what they can do in the aftermath. Pedestrian fatality statistics are troubling Given the pedestrian risk,...
Three Signs That The Fiduciary Duty Has Been Breached
Trustees and estate executors are instilled with large responsibilities. By the nature of their role, they are tasked with putting the interests of the estate and its beneficiaries first. That might sound easy enough, but all too often allegations are made that these...
Avoid These Mistakes When Administering An Estate
Estate administration is a big responsibility. And if you’ve never been tasked with the duties associated with this role before, then you might worry about carrying out your responsibilities as intended. To avoid an undesirable outcome, you’ll want to avoid some of...
What Are The Tax-Related Duties Of An Estate Administrator?
When an estate enters probate, the court appoints an administrator to manage transactions and carry out tasks on behalf of the deceased. As a legal representative, this person must complete various tasks regarding the estate. Their responsibilities usually include...
Should You Appoint A Loved One As Your Personal Representative?
An integral part of estate planning is appointing a personal representative as your fiduciary and fiduciary to your estate. If you have a will, you name an executor. If you have a trust, you assign a trustee or successor trustee, depending on the kind of trust you...
What Happens When A Decedent Has Property In More Than One State?
Because Florida is a warm winter “home away from home” for a lot of people who spend their summers in the north, it’s not unusual for someone who dies in another state to have property and other assets in this one. Because probate laws and procedures vary between...