Monthly Archives: October 2023
Is an Out of State Trust Agreement Valid in Florida?
The validity of an out-of-state trust agreement in Florida can be a complex legal issue and may depend on various factors, including the specific terms of the trust, the laws of the state in which the trust was created, and Florida state law. In general, Florida law recognizes the validity of trusts created in… Read More »
Understanding the Impending Changes to Estate and Gift Tax Exemptions
The Tax Cuts and Jobs Act of 2017 (TCJA) brought significant changes to the realm of estate and gift taxation in the United States. One of the most notable provisions of this legislation was the doubling of the exemption for decedents who passed away or gifts made between December 31, 2017, and January 1,… Read More »
What Does Per Stirpes Mean?
When it comes to estate planning, there’s a multitude of legal jargon that can leave you feeling bewildered. One such term you might have come across is “per stirpes.” In this blog post, we’ll demystify this term and explain why it’s essential in the world of inheritance and estate distribution. What Does “Per Stirpes”… Read More »
The Power of Florida Land Trusts
If you’re a real estate investor in Florida, you’re likely familiar with the advantages of holding property through various legal entities. Among these, Florida Land Trusts are a powerful and flexible tool that can provide numerous benefits, from privacy to asset protection. In this blog, we’ll explore what Florida Land Trusts are and how… Read More »
How Do Probate Attorneys Fees Work in Florida?
The basics: Reasonable Fees: Florida law requires that attorney fees be reasonable for the services rendered. What is considered reasonable can vary depending on the complexity of the case, the time and effort required, and other factors. Statutory Fee Schedule: Florida Statutes, specifically Section 733.6171, outlines a statutory fee schedule for attorney compensation in… Read More »
What’s the Importance of a Florida Durable Power of Attorney?
When it comes to planning for your future in Florida, a durable power of attorney is a legal document that should not be overlooked. This powerful tool allows you to designate someone you trust to make important financial and legal decisions on your behalf if you become unable to do so. In this blog… Read More »
Estate Planning and Probate: A Guide
When it comes to planning for the future, many Floridians often overlook the significance of estate planning and the intricacies of Florida probate. Understanding the nuances of Florida probate is essential for ensuring a seamless transition of assets and property following one’s passing. In this comprehensive guide, we’ll explore the realm of Florida probate… Read More »