Probate And Estate Law

Trusts are a vital tool in estate planning and provide significant advantages like protection of assets, tax benefits and probate avoidance. Unfortunately, disputes can arise over trusts just as they can with wills. Whether you are a trustee or beneficiary,...

An incentive trust is a conditional legal arrangement that allows you to control how your assets are used by utilizing clauses or specific conditions that must be met. These clauses can limit your beneficiaries' access to funds so that your assets are not misused. An...

One of your most valuable assets is a life insurance policy. It’s been a decade since you purchased it, but it gives you a sense of security. You know that that money will be provided to the next generation whenever you pass away, so you don’t have the same level of...

Revocable living trusts have many benefits, including avoiding probate, providing privacy and allowing for some additional control. One critical part of revocable living trusts is selecting your successor trustee. Typically, the grantor of a revocable living trust is...

A well-developed estate plan is a gift for your loved ones after you are gone. This provides clarity and direction about both your end-of-life wishes and the disposition of your property through the use of powers of attorney, advance directives, a will, trusts and...

While death is one of life's certainties, talking about it, especially with loved ones, can feel incredibly uncomfortable. Understandably, initiating a conversation about end-of-life wishes with your adult children can be challenging and easy to put off to another...

Estates are often subjected to the probate process, a legal procedure through which the assets and debts of a deceased individual are settled and distributed under court supervision. In Florida, probate can be a lengthy and sometimes costly process involving court...

Credit card debt is very common in the United States. In fact, recent reports show that total credit card debt has surpassed $1 trillion in the country. This is a major benchmark demonstrating how many Americans rely on some form of debt just to make ends meet. This...

Even with a carefully written will, it is almost impossible to account for everything you own – especially since you will continue to acquire more assets over time. This is when a residuary clause comes in handy. Essentially, a residuary clause in a will accounts for...

A personal representative who oversees the probate process on behalf of someone's estate must effectively honor numerous responsibilities. One of the most important obligations that an estate administrator needs to manage involves communication with creditors. An...