Serving Northwest Florida Families For More Than 25 Years
In Florida, estate planning and probate laws govern how assets are distributed after a person's death. Grandchildren may have various reasons for claiming part of a grandparent's estate. Understanding these conditions is important both for grandparents planning their...
For many people, estate planning is synonymous with advance planning for death. However, estate plans can include a variety of documents that take effect while they are still alive. An estate plan can include advance medical directives that declare someone's...
When was the last time you updated your estate plan? Has it been more than three years? Then it is likely due for an update. You can update your estate plan at any time -- but a few events should cause you to update your estate plan right away. Here are the questions...
There are many adult responsibilities that are unpleasant to consider. There's a little question that estate planning is one such activity. People don't like to think about what happens when they die or how vulnerable their loved ones might be without them. However,...
Recent studies indicate a significant downturn in estate planning across various groups, raising alarms about the potential consequences for asset distribution and legal issues after one's passing. This trend is evident in both Crestview and DeFuniak Springs, Florida,...
As you plan out your estate, your main focus is likely your will. You can use your will to instruct how your estate is managed after you pass away. Your will is a good way to help ensure your assets are put to good use. However, your estate could be subjected to...
Following the loss of a loved one, it’s crucial to embark on probate administration as soon as possible. However, knowing which probate procedure will take effect can be confusing if the deceased had assets across state lines. In such scenarios, ancillary probate is...
Lady Bird Deeds have gained prominence as a valuable tool for property transfer and asset protection, particularly in states like Florida where people often keep second homes or vacation properties for the winter. Also known as an “enhanced life estate deed,” a Lady...
Whenever you buy real estate, one small expense that you should always add to your total real estate purchase costs is title insurance. If you are going through a lender, they require title insurance that protects them from any problems down the road should problems...
If you are thinking of establishing a trust as part of your estate plans, one of the key decisions you’ll need to make is whether to go with an irrevocable or a revocable trust. They both offer distinct advantages and disadvantages, so it helps to understand their...