Some Florida residents who are named as an executor under a friend's or family member's will may believe that they can tackle the probate process on their own. There are several reasons why this might be a poor idea, as there are many requirements that might be...
Crystal River Florida Legal Blog
Controlling asset distribution in an estate plan
Florida parents who are creating estate plans might be concerned about how to leave assets to an adult child who is not responsible with money. Further complications could be created if one child is responsible and the other is not because the parent may be concerned...
Important facts about estate planning
As many Florida residents know, estate planning can prove to be a big task involving lots of important details. Those who neglect this duty could leave their beneficiaries confused and, in numerous cases, at odds with one another. There are a few important points...
More cars on road one reason for 2015 fatality increase
Florida motorists may be interested to learn that U.S. Secretary of Transportation Anthony Foxx has asked the public along with researchers, data scientists and safety advocates to try to get to the bottom of the increase in traffic deaths in 2015 compared to 2014....
Family businesses and succession planning
A family business is not only a significant source of income. It is also an asset that can continue to generate wealth for future generations. Florida business owners can take advantage of succession planning to ensure that their companies are able to be transferred...
Determining asset distribution of a decedent
When a Florida resident dies, his or her beneficiaries may enter into disputes over who should get the decedent's personal property. This may occur even if the decedent had a will or trust specifying what was to happen to that property. In some cases, the property may...
Avoiding conflicts between trustees and beneficiaries
Many Florida residents decide to leave their children or grandchildren an inheritance through a trust rather than in a lump sum pursuant to a will. A trust can allow funds to be transferred to beneficiaries outside of probate court, and the funds can be disbursed...
How a trust protector can help protect an estate plan
Florida residents who are creating an estate plan might want to use a revocable trust in order to have greater control over the distribution of their assets or because they wish to avoid probate. A trustee is appointed to administer a trust, but with no court...
Care for pets in Florida with a trust fund
In most cases, pets are considered to be the property of the person who owns them. Therefore, they would likely go through probate if its owner had a traditional will. However, it may be possible to provide for an animal through the creation and funding of a pet...
Final estate planning tips
Florida residents who are approaching death may want to review their estate plan to avoid unnecessary legal issues for their families to resolve. Toward the end of life, people may become mentally incapacitated, rendering them incapable of making important decisions...
