Category Archives: Wills
Do I need a Last Will & Testament in Florida?
A Last Will & Testament lays the framework for how you want to distribute your assets upon your death. Many people believe that if they do not have a Last Will & Testament their assets will be taken by the state. This is not true. Florida has a default for individuals built into the Florida Statutes…. Read More »
WHAT IS A LADY BIRD DEED?
A lady bird deed (also known as an enhanced life estate deed) can be used as an effective estate planning tool to allow a homeowner to live in their home for the rest of their lives, while maintaining their homestead exemption. The lady bird deed does not transfer the property until the homeowner’s death;… Read More »
There is a Last Will & Testament. What’s next?
Formal Administration: One of the primary purposes of probate is to ensure that the decedent’s debts are paid in an orderly fashion. In a formal administration, the personal representative must use diligent efforts to give actual notice of the probate proceeding to “known or reasonably ascertainable” creditors; this notice is required to be published. … Read More »