Grow your business
A beneficiary is a person who receives your assets when you die. In simple terms, when you make a will, life insurance policy, or open an investment, the person named as the beneficiary will be the recipient of the assets when you pass away. You can list more than one...
For the most part, if a person dies with or without a will and has assets in his or her name only, then probate is necessary to distribute the assets and property. But what assets go through probate in Florida? PROBATE PROCESSProbate, often referred to as estate...
When you give gifts to heirs in Florida, what are the tax implications, and who pays the tax? The good news is that the recipient of the gift, even if it is cash, does not owe any taxes to the Sunshine State. The reason is: making a gift to an heir in Florida is not...
When a person dies without making a will, the process that determines the distribution of his or her assets is referred to as intestate succession. For example, if you die without making a will, no one can legally distribute your estate/assets. This matter is then...
People always ask, “Do you need a Florida inheritance lawyer?” The answer to this question depends on several factors. First, if you have little or no idea what probate is, it is important to consult with a lawyer. Second, if there is no will and/or there are family...
Is probate ALWAYS required in Florida? The simple answer is no - not all estates have to go through probate, but many do. Florida probate rules dictate that certain assets must pass through probate after the owner’s death to help ensure all of the individual’s assets...
What will happen to your property and assets after you’re gone? Will they be distributed to the right people? Have you done enough planning to make sure your wishes are fulfilled? A 2019 survey from Caring.com, an informational powerhouse for caregivers, found just...
In Florida, probate can be an expensive undertaking. More than that, though, it’s time-consuming, and privacy throughout the process is a genuine concern. Probate records are eventually made public, and anyone can look at the outcome. It’s factors like these that lead...
In Florida, probate is sometimes a necessity. As a result, most people will need to consult with a probate lawyer at some point. Unfortunately, this can be difficult. After all, most people are not familiar with probate, making it vital to read more about the process...
Estate Planning Checklist Estate Planning can seem to be an overwhelming process since there are so many factors to consider. You may be asking yourself many questions.Where do I begin?What kinds of documents do I need? Do I even need estate planning? There is a...
Business Consultant