Estate planning includes the creation of wills and trusts, elder law and Medicaid planning including the avoidance of the Medicaid Estate Recovery Program.
When you think of estate planning is the only thing that comes to mind how your money will be distributed after you pass? If so, think again. An estate plan outlines how the legacy you leave behind should be allocated and cared for after you are no longer there to manage it. While your financial…
Plans change during a divorce. Inheritance, beneficiary and guardianship arrangements that seemed ideal a few years prior suddenly seem unthinkable when faced with an impending and contentious divorce with a soon-to-be ex-spouse. If you are in this situation, there are many reasons to consult an experienced Florida estate planning attorney in addition to an expert…
Previously we have written about using an LLC to invest in Real Estate. However, there are many situations outside of real estate investing in which it makes sense to use the LLC business formation to make investments in company shares, bonds, ETFs and even non-traditional assets such as cryptocurrency. Investing with an LLC can range…
The probate phase is played out in court Probate is a necessary step in the process of executing a last will and testament. Because of the various moving parts in this process and the fact that is tried in court, it is essential that you hire an experienced estate attorney to guide the process. Florida…
If you are suffering the loss of a close loved one, in addition to the pain of loss, you may also need to navigate the nomenclature and processes associated with managing the affairs of the person who has passed away. It is best not to attempt to go through this process alone. It is highly…
Setting up a trust in the State of Florida requires a number of steps that are best taken in partnership with an estate planning attorney with experience setting up trusts in Florida. Trusts are legal entities that allow for grantors property to be distributed by trustees to beneficiaries, usually after the grantor’s death or incapacitation. …
Estate Planning – Many people choose to retire in Florida. With average high temperatures of 79.5°F year round, it is no surprise that the state – especially South Florida – has such a draw. Since a good number of retirees arrive here with wills drafted in other states, it’s important to beware of the pitfalls…
When investors choose to acquire property in Florida, they often do so via a Limited Liability Company LLC. One alternative to the LLC is to hold the property in a trust. There are distinct advantages to using a trust, though the disadvantages should carefully be weighed in to determine if a trust is the right…
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