Serving Northwest Florida Families For More Than 25 Years
When someone you love asks you to be the executor of their estate, you may feel honored and possibly cornered as though you have no option but to say yes. There is a reason that asking someone is commonplace when deciding on an executor or administrator for an estate,...
As people age, trying to make sure they’ll be able to get the care they need is a top priority. For some, this will mean that they will need to qualify for Medicaid. Unfortunately, having assets that you want to pass down to your family members could mean that you...
Creating a trust is a way to reduce the taxable amount of your estate, retain control over your legacy or even diminish the value of your personal assets so that you can qualify for government assistance as you age. One of the most critical aspects of creating a...
Living on the Florida panhandle often means that your estate includes a condo or beach house. But when elderly parents who own beachfront property die, their adult children may squabble over who will get that prime piece of real estate. Some may angle to keep it in...
Many people decide to sell their homes when they get older. Others decide to leave their home to their heirs. Which one is the right option for you? That depends on what you want to do as you get older. If you want to move, downsize or give monetary gifts to your...
When you purchase a property, you must do your due diligence. One thing that you should ensure you check for is the presence of an easement. In the simplest of terms, an easement means that there is someone else who is going to have access to your property for some...
Serving as the executor or administrator of an estate is hard enough without any special requirements, but many testators will include complicated provisions in their estate plan that make your job even harder. For example, if there is real estate, such as a family...
Some people choose to leave the assets they have for their loved ones in trusts. This makes it easier to pass them along. It’s a more private option than going through the probate court with a will. Once you start to go through the types of trusts that you might use,...
You may have a basic estate plan in place, but did you know that estate plans are meant to grow with you? Over time, you may need to review and alter them to adapt them to changes in your life. There are several times when it might be a good idea to review your...
For some families, the fairest inheritance is one that is equal. A parent may have three children who are all roughly at the same place in life. The easiest option is to divide the estate into thirds and give them each an equal portion. It’s simple, straightforward...